FCA 'Stands Ready' to Act on Bank Tax Budget Leak

FCA 'stands ready' to act on bank tax Budget leak

The boss of the Financial Conduct Authority has said he is prepared to investigate a potential leak of market-sensitive information that sparked a rally in bank shares hours before John Healey’s maiden Budget. In a letter to the Treasury Committee, Nikhil Rathi vowed to engage with Treasury and Cabinet Office officials over how the details [...]

Financial watchdog ‘stands ready’ to take action over potential Budget leak

It follows concerns a potential leak of market-sensitive information may have led to bank shares increasing in value.