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Financial watchdog scraps plan to ‘name and shame’ UK firms under investigation
FCA move follows longstanding pressure against new public interest test for announcing investigationsTop City watchdogs drop new diversity and inclusion rulesPeers working for City firms dominate Lords scrutiny panelThe UK’s financial watchdog has bowed to longstanding pressure and ditched a plan to frequently “name and shame” companies it is investigating.The Financial Conduct Authority (FCA) has decided not to go ahead with applying a new public interest test for announcing investigations into regulated firms “given the lack of consensus” over the plans. Continue reading...
FCA move follows longstanding pressure against new public interest test for announcing investigations
- Top City watchdogs drop new diversity and inclusion rules
- Peers working for City firms dominate Lords scrutiny panel
The UK’s financial watchdog has bowed to longstanding pressure and ditched a plan to frequently “name and shame” companies it is investigating.
The Financial Conduct Authority (FCA) has decided not to go ahead with applying a new public interest test for announcing investigations into regulated firms “given the lack of consensus” over the plans. Continue reading...
