FCA plans to call more names and shame of UK companies under investigation

Be informed with free updates

Simply register UK Financial Adjustment Myft Digest – Delivered directly to your box.

Britain’s financial guard is a great U-turn after encountering a monastery to dispose of the regulatory policy, the investigation is determined to leave a controversial plan to give up more companies.

The Financial Behavioral Organization plans to announce on Wednesday by a new application The test of public interest According to the people’s statement, people who are familiar with the issue under investigation, the investigation was conducted. Instead, it is in line with the existing “exceptional circumstances” test.

This is an important turn for the UK regulator, which causes a large decline from the city or government officials, when the plans are declared in February 2024.

Nikhil Rathi, FCA CEO, the fire broke out for the proposal between increasing concerns of regulatory proposals Driving work abroad At a time when the government is trying to increase growth.

The government has pushed many of the country’s regulator to present more growth proposals. Tuesday Sir Keir Starmer said he decided Ax Payment Systems Regulator By combining with FCA.

The ministers come after a few weeks pushed After the decision of the competitions and markets, the authorities were not focused.

U-turn comes In spite of the damage FCA will introduce narrow parameters to explore what research in the research by checking the company by checking the company.

In November, FCA responded to the criticism of their proposals to announce more companies to explore that companies would notice only 10 days and the impact of the company, share price and more financial stability.

At the same time, the new policy has said that the adjustable companies of the companies that are announced only or twice on the top of one another.

FCA held a call to report on Tuesdays with Industrial Institutions, and this is a written information that the Chamber of Lords will inform the House of Financial Services and the House of Lords.

FCA refused to comment.

Last month, the Lords Committee, in the bruised episode for FCA, called the plan by calling “an unpaturned failure.” The LORD Michael Forsyth, the conservative chair of the committee, the regulator could not work “such a basic change”.

FCA has extensive support in financial services, and said that the investigations are approved if it was announced by other public institutions, the investigation will announce the investigation plans, as well as other government agencies, he said.

Big FCA officials said they want to say that they want to prevent more damage to the british steel retirement recommendations, as it is due to the British steel pension recommendations.

Two-thirds of FCA research ended without any executive campaign, prob, probe, the probe increased his concerns that he could not find any mistakes and would damage their identities.

However, the regulators tried to raise the bar needed to open an investigation. Since 2023, the number of open research in FCA has decreased by 35 percent, none of the opening has been closed without the opening.