A strategy by the Financial Conduct Authority (FCA) to leak details of one of its upcoming projects to a national newspaper - a decision which sparked huge falls in the share prices of several major life companies - was "high risk" and inadequate, according to an independent report by a law firm.
Clifford Chance partner Simon Davis, appointed by the regulator in April to review its decision to brief the Telegraph on a review of the life insurance market set to be announced in its 2014-2015 Business...
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