By Charlie Conchie The Financial Conduct Authority (FCA) will look to strip back swathes of red tape and “streamline” its regulatory rulebook after conceding that its stringent consumer duty rules were overlapping with swathes of existing regulation. In a statement today, the City watchdog said it had launched a review of financial services rules after concluding the burden of regulation “could be streamlined” and called on the industry to “identify rules which could be removed”. The move comes one year after the FCA announced a major package of consumer guardrails, which have drawn criticism …