18 April 2013
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Martin Wheatley, chief executive of the Financial Conduct Authority (FCA), has branded the previous watchdog - the Financial Services Authority (FSA) - "too robotic" in its approach to regulation.
In a speech in London yesterday, Wheatley criticised the FSA for pushing a "box ticking" culture in financial services which was "too captured by the interests of firms" and which did not always result...
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