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The agency's 2019-20 business plan known total spending for 2019-20 of $38.
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When does the FCAC strategic plan come out?
The FCAC 2021–2026 Strategic Plan will be published in the first quarter of 2021–2022. The Agency monitors current and emerging risks that have the potential to affect its ability to achieve its strategic goals.
What are the activities of the FCAC in 2021?
2021–2022 activities: Implement Market Conduct Profiles: Market Conduct Profiles (MCPs) capture key business information to inform FCAC’s risk assessment of Tier 1 Regulated Entities. In 2021–2022, FCAC expects to complete MCPs for an initial set of regulated entities and begin developing MCPs for a second set of regulated entities.
Why is it important to strengthen the FCAC?
Strengthen FCAC’s instrumental capacity to deliver its mandate in a way that keeps pace with a rapidly evolving financial sector. FCAC plans its activities in accordance with the core responsibilities outlined in its Departmental Results Framework: supervision of federally regulated financial entities, and financial literacy.
What is the Financial Consumer Agency of Canada business plan?
I am pleased to present the 2020–21 Business Plan for the Financial Consumer Agency of Canada (FCAC), which provides information on our planned activities and how they will contribute to protecting consumers in their dealings with financial institutions.
Last Update: Oct 2021
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