Source · Select Committees · Financial Services Regulation Committee
Recommendation 8
8
Paragraph: 71
It is clear that the FCA has modified its proposals on announcing its enforcement investigations...
Conclusion
It is clear that the FCA has modified its proposals on announcing its enforcement investigations significantly between its first and second consultations. The FCA’s revised proposals demonstrate a clearer commitment to safeguarding both market integrity and the legitimate interests of firms. This is a welcome development reflecting a more balanced approach, and goes some way to address stakeholders’ concerns.
Paragraph Reference:
71