andrew bailey

FCA chief Andrew Bailey responds to Nicky Morgan MP

Will consult on penalty payments and enforcement policy

Praised wholesale firms for MiFID II efforts

Sets out key Brexit fears

Regulation has caused industry debate

'It will burn out in a spectacular crash'

Price moves have been 'remarkable'

Public consultation set to be published in H1 2018

Regulator does not want to 'incentivise short-termism'

Global bodies transitioning to new alternatives