Lords committee FCA name and shame report expected 'shortly'

FCA CEO Nikhil Rathi and FCA chair Ashley Alder this morning faced the committee's questions on areas ranging from motor finance commissions to staff expertise, to its secondary growth objective and name and shame criticism. Rathi and Alder were grilled on whether they would have approached unpopular name and shame proposals differently with the benefit of hindsight. Under pressure from business and former city minister Tulip Siddiq (since replaced by Emma Reynolds), the FCA watered down some of its name and shame plans late last year following backlash to initial proposals. In respon...