Speech by Sarah Pritchard, deputy chief executive, at the launch of the Chief Risk Officer Network.
In March, we launched a new 5-year strategy. We want to deepen trust, rebalance risk, support growth and improve lives.It has 4 key priorities: we want to be a smarter regulator, support growth, fight financial crime and help consumers navigate their financial lives. That’s down from the 13 we had in our previous strategy – a prime example of how we’re reducing red tape.The strategy puts growth at the heart of what we do. It's mentioned 30 times in a 22-page document. Innovation, a driver of growth, is mentioned 15 times. That's deliberate.Although it’s at the heart of our new strategy, growth has always been part of our work as a regulator. Our job – in legislation – is to make sure that markets work well. A fair and thriving financial services sector that delivers for the good of consumers and the economy does just that.