A tough stance by the incoming Financial Conduct Authority (FCA) to act "early and decisively" will bring integrity back to financial markets, chief executive designate Martin Wheatley has pledged.
The Financial Services Authority (FSA) is to produce fewer and more concise consultation papers in an attempt to better connect with firms.
Lord Sassoon, the architect of the twin peaks regulatory reforms, has warned the outcome of the Financial Services Bill could still be watered down by political pressure.
The Financial Conduct Authority (FCA) will be run as a consumer champion and not for the benefit of member firms, according to a leading regulatory lawyer.
The Financial Conduct Authority (FCA), the Prudential Regulatory Authority (PRA) and the Bank of England (BoE) plan to deal with complaints in the 'twin peaks model' in largely the same way as under the current Financial Services Authority's (FSA) process....
The chairman designate of the incoming Financial Conduct Authority (FCA) has said talking to regulated businesses will be a key part of his role at the regulator, and sales incentives are at the top of his agenda.
Martin Wheatley has called for tougher sentencing powers for white-collar criminals to force them to cut deals and expose other colleagues, the Independent reports.
Lord Flight has continued his broadsides against the Financial Services Authority (FSA), criticising it for taking a "tough guy, macho" approach to compensate for past failures.
The Prudential Regulation Authority (PRA) will wield a veto power over proposed terminal or annual bonuses for with-profits policies, under the new regime.