The FCA piles on the pressure
News analysis: As the regulatory watchdog bares its teeth in its new business plan, are brokers ready to come to heel? Rachel Gordon investigates.
There’s a new man at the FCA helm and a recently launched business plan setting out that the regulator will now be more “innovative, adaptive and assertive”. And while it has not explicitly singled out brokers, should they ready themselves for a more demanding regime?
Chief executive Nikhil Rathi joined last October and has admitted the FCA needs to “raises its game” after being roundly criticised for poor oversight following the collapse of investment companies London Capital & Finance and
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