Round two: The FCA and the name and shame debate

‘The FCA should be careful what it wishes for’

clock • 4 min read

Lawyer Daren Allen looks at the ongoing FCA name and shame debate and warns the regulator should be careful what it wishes for on this particular issue...

In February 2024, the Financial Conduct Authority (FCA) began a consultation on improving transparency around regulatory enforcement cases. In particular, the FCA indicated that it wanted to be more transparent when opening and closing cases. By doing this it wanted to enhance public confidence. The reference to transparency would involve publicly announcing when enforcement investigations had been opened which would include identifying the firm under investigation. The FCA has indicated that this approach is consistent with that of other regulators (both UK and overseas) who regul...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

Adviser firm revenue reaches £8.38bn in 2025

Adviser firm revenue reaches £8.38bn in 2025

Adviser posts fall to 37,517

Sophia Panayi
clock 24 July 2026 • 1 min read
Investment fraudsters jailed over £11.5m scam

Investment fraudsters jailed over £11.5m scam

Targeted elderly individuals and amassed 115 victims

Jen Frost
clock 21 July 2026 • 3 min read
Simpler advice rules should not mean simpler client understanding

Simpler advice rules should not mean simpler client understanding

The direction of travel is clear

Elly Dowding and Lee Coates
clock 17 July 2026 • 2 min read