The Financial Conduct Authority (FCA) appears to be “making up for lost time” and pushing out a series of consultations in very quick succession, delegates at PA360 heard.
Speaking during the opening CEO Panel at the conference on Wednesday 27 April Neil Stevens, joint CEO at Fintel, said while the regulator should be supported in its aims to protect consumers regulation "conveyer belting" was not the right answer. "In its eagerness to make up for lost time, the regulator may be conveyer belting. You can't argue with the aims of fair value for consumers but you do not always get there by smashing out regulation in quick succession." Mark Scanlan, CEO at Tenet, said his firm had 14 regulatory-related projects going on at present. He said: "We are chal...
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