Talking earlier than the Treasury Committee immediately (3 December), William Wright, founder and managing director on the New Monetary think-tank, mentioned media and political scrutiny generally tend to “default to shopper safety”, which types a part of the first goal of the FCA.
Due to heightened deal with shoppers, the watchdog, “and to a lesser extent the Prudential Regulation Authority” face a “close to unattainable job” in hanging a steadiness between shopper safety, market stability and integrity, in addition to competitors, Wright added.
David Postings, chief government of UK Finance…
