UK’s Tyrie says ‘wider problems’ need fixing at FCA
Committee says financial watchdog must do more to correct failures
The UK's Treasury Select Committee today published a damning report of the Financial Conduct Authority's (FCA) handling of a communications blunder in 2014, finding that some of the watchdog's failings are yet to be corrected.
"The FCA made a serious error in March last year," said Andrew Tyrie, the MP who chairs the Committee. "The evidence from this episode suggests that problems may still exist at the FCA. It is not yet clear to the Committee that the FCA has fully grasped this."
The disaster
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 print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Most read
- Taking stock of Bernanke: the original sin of forecasting
- Central bank of the year: Central Bank of Brazil
- Fed policy-makers disagree over risks