FCA under attack for "comprehensively and scandalously" failing consumers
Regulator rejects claims from Gina Miller's True and Fair Campaign, stating they contain “numerous inaccuracies", as campaigners call on the Chancellor of the Exchequer to review Andrew Bailey's appointment as governor of the Bank of England.
The True and Fair Campaign has published a report criticising the Financial Conduct Authority (FCA) and detailing poor regulation and consumer outcomes in UK financial services.
The campaign is led by prominent anti-Brexit campaigner and businesswoman Gina Miller and fund manager Alan Miller, and the report focuses on Andrew Bailey’s term as chief executive officer at the regulator.
In Asleep at the wheel: an exposé of systemic regulatory failure and consumer detriment, campaigners claim that
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