Thursday 18 December 2014

UK: Treasury review of enforcement decision making at the financial regulators

The Treasury today published its final report Review of enforcement decision-making at the financial services regulators: see here (pdf). An overview of the report's recommendations is available here. One of the recommendations is that the Financial Conduct Authority and Prudential Regulation Authority should publish more information about their criteria for beginning investigations and their approaches to referring cases from supervision to enforcement, including how they co-operate with each other.

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