The deal will enable regulators to share information about innovations in their respective markets
The group will pursue three of the recommendations of the U.K. Financial Advice Market Review
The central bank has also launched a fintech accelerator program
Hospitality events are likely to create conflicts of interest and result in firms not acting in their customers’ best interests
Discussion paper aims to open a debate on improving the way that information is provided to investors
Senior executives can delegate tasks but cannot delegate responsibility
The aim is to create the conditions for greater innovation
However, it is difficult to assess whether the FCA’s efforts have reduced the overall scale of mis-selling financial products to consumers
The former officer failed to communicate openly with the Financial Conduct Authority amid growing concerns about the firm’s synthetic credit portfolio in 2012
The unit aims to help those who want to start a new bank in the U.K. navigate the regulatory process