The FCA and the HMRC has signed a collaboration agreement

Two of the UK’s biggest regulators have signed an agreement to work closer to together.

The Financial Conduct Authority (FCA) and Her Majesty’s Revenue & Customs (HMRC) have signed a collaboration agreement.

The agreement will see them provide a single point of contact service, under Section 79(3) of the Investigatory Powers Act 2016 and Section 8.58 of the Statutory Code of Practice.

Under this agreement, the FCA will be the subscribing authority and HMRC will be the supplying authority.

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