UK’s Wheatley outlines steps toward new regulator

Martin Wheatley

The creation of the new Financial Conduct Authority (FCA) in 2013 will allow both regulators and market participants the opportunity to ‘start afresh' with standards of conduct in financial services, according to Martin Wheatley, chief executive-designate of the FCA.

The FCA is due to be phased-in next year as part of the so-called ‘twin peaks' approach to regulation in the UK, alongside the new Prudential Regulatory Authority (PRA), which will be part of the Bank of England. While the PRA will

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.