This is an official ShareSoc news item written by ShareSoc Director Cliff Weight
House of Commons Treasury Committee - Future of Financial Services Enquiry
We made a JOINT RESPONSE from UKSA , the United Kingdom Shareholders’ Association & from ShareSoc, the UK Individual Shareholders Society on 19th February 2021. In summary we said:
A long history of regulatory failures demonstrates serious deficiencies in the way that financial services are currently regulated.
The UK’s departure from the EU means that the UK can now set its own financial services ...
The Financial Conduct Authority (FCA) has been severely criticised today (27/3/2015) in a report issued by the Treasury Select Committee. Here are a few things they say in their overall conclusions about the events surrounding the press briefing on the Government's planned review of the life insurance market, which caused share prices in some companies to drop sharply.
"The events of 27 and 28 March.....revealed multiple flaws in the FCA's processes and practices. These failings went right to the top of the ...