FCA bolsters executive team in post-scandals restructure
Promised change in wake of LCF and Connaught reports
FCA chief executive Nikhil Rathi makes his mark on the regulator
The Financial Conduct Authority (FCA) has bolstered its executive team with four new hires as part of a planned overhaul in response to last year’s damning reports into the regulator’s handling of the London Capital & Finance (LCF) and Connaught fund scandals.
In December the FCA promised a raft of "significant and necessary changes" following the publication of the independent reports, which revealed significant failures in the regulator's handling of the multi-million...
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