Regulation

'Identification. Action. Reporting – don't delay'

Treasury Committee written to chairs of FCA and FOS about Abby Thomas’ exit

Regulator unsure on consolidation outcome but will continue engagement with firms

Financial crime remains at the forefront of the FCA's agenda

Move intended to boost UK growth

Watchdog should reconsider role of FOS and consolidate CMC regulation

London advice firm went into liquidation in July last year

Scheme saw £57m taken from 380 investors

The regulator has called for positive change

'The big lever for economic growth does not exist'