The Financial Conduct Authority (FCA) has said it does not want to "prescribe" firms' business models in its incoming senior managers regulation - but there are caveats.
In a speech to the City and Financial Summit in London, the regulator's director of supervision - retail and authorisations, Jonathon Davidson, said firms' strategies had evolved at a rapid pace in recent...
‘Important to have an anchor’
Report to be written by TPR
Lack of innovation for solutions
Some 2,000 consumers affected