Financial watchdog scraps plan to ‘name and shame’ UK firms under investigation
FCA move follows longstanding pressure against new public interest test for announcing investigationsBusiness live – latest updatesBoE drops new diversity and inclusion rules for City firmsThe 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 dropped the plan to apply a new public interest test for announcing investigations into regulated firms “given the lack of consensus” over the plans. Continue reading...
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FCA move follows longstanding pressure against new public interest test for announcing investigations
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 dropped the plan to apply a new public interest test for announcing investigations into regulated firms “given the lack of consensus” over the plans. Continue reading...
