City regulator faces grilling on Treasury's growth agenda
5 Articles
5 Articles
City regulator faces grilling on Treasury's growth agenda
The Financial Conduct Authority (FCA) was grilled by the Treasury Committee on Tuesday after it unveiled its new five-year strategy. Members of the committee questioned the gap between the government’s growth agenda and how the FCA was prepared to deregulate. Chair of the Treasury Committee Dame Meg Hillier, said the regulator’s structure led to it being “pulled in all directions”. However, the regulator’s chief executive Nikhil Rathi conteste…
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