FCA plan to publicise investigations sparks industry concerns

Targeting improved transparency in enforcement cases

Sahar Nazir
clock • 3 min read

Industry professionals have raised concerns over the Financial Conduct Authority's proposal to publicise investigations earlier in the process as part of new measures to accelerate the pace and transparency of enforcement cases.

The watchdog unveiled the measures today (27 February), which include publishing regular updates on ongoing investigations and openly disclosing cases that have been concluded without enforcement actions. In a statement it outlined its commitment to expediting enforcement cases, with a focus on delivering impactful outcomes. FCA commits to speeding up enforcement investigations in policy overhaul Personal Investment Management & Financial Advice Association head of regulatory policy and compliance Alexandra Roberts questioned the efficacy of this approach as a deterrent, particular...

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