Consumer panel backs tougher rules for bankers

The body established by the financial regulator, the Financial Conduct Authority (FCA), welcomed the Parliamentary Commission on Banking Standards' call for higher professional standards for bankers. It called for a new ethical code for bank directors. Consumer Panel Working Group chair Mike Dailly said: "We welcome the publication of the Commission's report and support its recommendations aimed at improving the behaviour of bankers. "Bankers in key positions need to have the same high professional standards as other professions such as doctors and solicitors given the devastating ...