The regulator initially got down to plans to publicly identify corporations beneath investigation if it was in public curiosity. Beforehand, this was solely accomplished in distinctive circumstances.
Metropolis minister Emma Reynolds: ‘We’ve got did not drive an funding tradition’ within the UK
Following the Home of Lords inquiry on the FCA’s session paper on publicising enforcement investigations, the FSRC – established final yr – has at present (6 February) revealed its first report, Naming and shaming: how to not regulate.
The committee concluded that the FCA has not made a convincing case for a change to its…
