FCA funding a perennial 'issue'

Speaking at the law firm's enforcement and investigations roundtable today (5 December) Macfarlanes partner Matt McCahearty said that for the FCA to become a "word class regulator", it needs further funding. "If we want a world class regulator, are we giving it the funding to do that? I think most would agree that we're not," he said. McCahearty also highlighted that personnel at the FCA could be reviewed. "Are the right number of people? Are they of the right quality, attracting and retaining talent?," he questioned. "You see a lot of change in the case teams at the FCA, and th...