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UK Chancellor Jeremy Hunt has publicly opposed the Financial Conduct Authority's (FCA) new transparency initiative that involves 'naming and shaming' businesses under investigation. Hunt argues that this approach contradicts the regulator's duty to promote growth within the financial sector. This stance marks a rare instance of open criticism from a government official towards a regulatory body, reflecting broader governmental efforts to stimulate growth in financial services.
The Financial Conduct Authority's plan to "name and shame" firms under investigation before the probe is completed is mad, bad and dangerous for the City, @marcusashworth writes https://t.co/J6vKUo1vn5 via @opinion
Starved for business insight? Skip the B-school gurus and talk instead to hard-headed CEOs who run first-class companies in the unglamorous real economy, says @adwooldridge https://t.co/PZx1WHKM6s via @opinion
UK ‘not exciting’ for green investors, says former climate adviser https://t.co/JT0EXfyDOW
