Chris Davies: Was FCA's platform 'probe' really worth the wait?

The latest platform ‘probe' paper from the Financial Conduct Authority (FCA) left many wondering if it really was worth the wait. No imminent platform price war is evident yet it represents another stepping stone in this new age of high regulatory accountability in which the financial services sector now finds itself. My last column, Welcome to the new era of regulatory accountability, showcased how important it is for firms to gain a clear understanding of how the Senior Managers and Certification Regime affects them across issues such as roles responsibilities, risk management, delegat...