House of Lords

ShareSoc Evidence to Lords on FCA Enforcement

ShareSoc has submitted an evidence statement to the House of Lords Financial Services Regulation Committee regarding their consultation on the Financial Conduct Authority’s enforcement guidance proposals.  We reported here that we support the FCA’s proposals to improve the transparency of their enforcement actions.   The need for change was further underlined at a meeting between ShareSoc and the FCA on 14th November, at which we expressed concerns about a specific case.   Under the current regime, the FCA will not disclose whether it is taking, or ...