UK’s Wheatley talks tough on financial market intervention

Martin Wheatley

The UK's new Financial Conduct Authority (FCA) will have the confidence to intervene early in cases of wrongdoing, based on a "new culture" of data-gathering in specialist areas, according to Martin Wheatley, managing director of the Financial Services Authority and chief executive-designate of the FCA.

Wheatley stressed the new regulator would not hesitate to intervene in cases where the integrity of the financial system was under threat. "If we are to achieve our objectives, we will often need

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 [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] 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

If you already have an account, please sign in here.

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 here: