News, Regulation & Supervision

FCA chief pushes back on proposals to cut supervisory powers

By Ellesheva Kissin
FCA
Image via Mercury Bloomberg

Stripping financial crime from the Financial Conduct Authority’s oversight would be “disproportionately disruptive”, the UK regulator’s chief has told a parliamentary committee.

A new financial crime supervisor to replace the FCA was one of four options of increasing severity outlined in ...

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