FCA chief to reflect on first 100 days
Martin Wheatley, chief executive of the Financial Conduct Authority (FCA), will tell the Association of British Insurers' (ABI) conference that the FCA is “a very different animal to the Financial Services Authority (FSA)”.
After 100 days in operation, Wheatley will also tell the audience that his vision for successful regulation is of successful, competitive markets with the best firms, products and services thriving, with the worst performing exiting the market.
"A market that works well for consumers and for firms will be of benefit to everyone and to the UK economy," he will say.
"We want consumers to be in in a position to drive healthy competitive markets so that they become the new normal."
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