Select committee: Financial Services Regulation Committee
Conclusion 21
1st Report - Naming and shaming: how not to regulate
Published 6 Feb 2025
Paragraph 120
Financial Services Regulation Committee FCA enforcement guidance consultation All items in this report Report on parliament.uk ↗ Inquiry on parliament.uk ↗
Conclusion (the committee's words)
Following its second consultation, on CP24/2 Part 2, the FCA needs to be able to demonstrate that stakeholders’ concerns have been addressed by these new proposals and that the motivations behind the proposals have been clearly articulated and understood. This should include setting out the evidence to support this and , if necessary, additional amendments to its proposals to address any further concerns raised. We ask the FCA to report back to this Committee with its findings before the changes are implemented.
From: Financial Services Regulation Committee, 1st Report - Naming and shaming: how not to regulate, paragraph 120, 6 February 2025
Government response
No government response is linked to this report.