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%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

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

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 75. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama