UK financial regulators finalise plans to strengthen enforcement and transparency

PRA and FCA publish measures that will keep financial firms better informed about investigations

andrew-bailey
Chief executive of the FCA, Andrew Bailey. Photo: Bank of England

Two of the UK's financial regulators released a joint policy statement today (February 1) outlining how they will strengthen the transparency and effectiveness of their enforcement decision-making processes in the coming year.

The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) published a series of final measures to keep financial firms well informed about investigations into their conduct in order to remain "fair" and "command public confidence".

The changes

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