Has the FCA abandoned ‘Name and Shame’?
Recent responses by senior figures at the Financial Conduct Authority during a U.K. government committee hearing have outlined that the regulator will “fundamentally reshape” the controversial proposals.
FCA interviews ‘finfluencers’ under caution: Did social media just get serious?
The Financial Conduct Authority is interviewing 20 finfluencers under caution, shortly after setting trial dates for nine others for promoting unauthorized trading schemes. With criminal proceedings on the horizon, are firms taking social media risk seriously?
Is the FCA’s “Name and Shame” approach here to stay?
While the FCA’s suggested shift towards a more transparent enforcement approach received substantial pushback from the finance industry, recent speeches by senior figures have indicated that “name and shame” is here to stay.