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UK Chancellor Jeremy Hunt Clashes with FCA over Controversial “Name and Shame” Policy
- He joins the voices arguing that the FCA's plan could hinder economic growth.
- The debate underscores the increasing tension between the government and the regulator.
Wednesday, 01/05/2024 | 10:29 GMT by
Damian Chmiel
Even Ministers Believe FCA's "Name and Shame" Policy Will Harm the City of London
- Critics from the private and public sectors argue that the move could unfairly damage reputations.
- Specifically, the FCA's investigations last an average of 4 years, and 65% conclude end without any resulting action.
Wednesday, 24/04/2024 | 08:28 GMT by
Damian Chmiel
This Company Sidesteps £50 Million Fine, as FCA Wants to Compensate More Investors
- The regulator finds Link Fund Solutions mismanaged Woodford Equity Income Fund.
- However, it will not impose a multimillion-pound fine to give more money back to investors.
Thursday, 11/04/2024 | 09:15 GMT by
Damian Chmiel
Named and Shamed: UK Regulator to Publicly Reveal Probed Firms
- The regulator will reveal more about company probes earlier to boost market transparency.
- Also, similar to the US SEC, the market watchdog wants to offer financial incentives to informants.
Tuesday, 27/02/2024 | 08:27 GMT by
Damian Chmiel
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