Rebalancing ATOL: CAA's decision on consultation proposals to ensure a fair and proportionate scheme

In June 2014, we issued a consultation on proposals to rebalance the regulatory approach that we use and to extend a risk-based approach to all businesses that we regulate within the ATOL scheme. The consultation period closed in October 2014 and we received almost 170 responses, which was a very high level of response. We have considered the responses carefully and this statement sets out our conclusions of the consultation.