UK finance watchdog softens ‘name and shame’ plans after City pressure

  • 📰 LBCNews
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 59%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

The Financial Conduct Authority said it is making changes, having ‘heard the strength of feedback’ about its original plans.

The UK’s financial watchdog has agreed to water down proposals to “name and shame” firms it is investigating, after facing pressure from the City.

It would mean “naming and shaming” the companies being probed, regardless of whether or not it decides there has been misconduct or a breach of rules. The FCA said the revised proposals will see a very small number of additional investigations into regulated firms being announced. Former chancellor Jeremy Hunt warned the FCA to reconsider its ‘name and shame’ proposals earlier this year

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 75. in BR

Brasil Últimas Notícias, Brasil Manchetes