In the next couple of months we'll see the FCA enforcement heads articulate their vision and direction for interventions and enforcement under their leadership.
They've prepared the ground by rationalising their caseload and have also continued to conclude cases with a particular focus on AML and retail harms.
Meanwhile, the PRA continues apace with targeted enforcement, most recently clarifying "reasonable steps" for senior managers and enforcing depositor protection rules.
Both regulators continue to enforce against a backdrop of an uncertain economic climate and unpredictable geopolitical developments.
Prepare yourself for 2024. Read our review of the key themes from the year just gone and our views on the areas likely to dominate the focus of the regulators' interventions and enforcement efforts across 2024.