FCA officials grilled on second comms backlash

Tracey McDermott of the FCA
Tracey McDermott

UK members of parliament took the Financial Conduct Authority (FCA) to task today (January 20) for failing to accurately gauge the public perception of a dropped bank culture review, leading to a strong backlash.

Despite having raised the prospect of a "thematic review" of bank culture in its business plan for 2015/16, the FCA decided late in 2015 to abandon it. But rather than releasing the information publicly – for instance as a press release – the FCA told only the banks in question and a

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

.