FCA to appear before TSC on Tuesday

FCA chief executive Martin Wheatley and chairman John Griffith-Jones will take questions from the committee, which is chaired by Conservative MP Andrew Tyrie, on 4 February. They will face a group of MPs who are allowed to ask any questions related to the regulator's work. Subjects at this meeting could include the Lloyds fines, the scrapping of the approved persons regime for advisers, the FCA's competition objective or anything to do with the Retail Distribution Review (RDR). Wheatley appeared before the TSC in a question-and-answer session last September, when he admitted that a...