Britain's code of good practice for asset managers is set to undergo a root-and-branch review aimed at enhancing economic growth and international competitiveness, as announced by its compiler. Concurrently, the Financial Conduct Authority (FCA) has unveiled plans to increase transparency and deterrence within the UK's financial sector by identifying firms it's investigating at a much earlier stage. The FCA intends to publicly name firms under investigation, detailing the nature of the inquiry, the industry involved, and the relevant regulatory or legal frameworks. This move is designed to encourage whistleblower participation and enhance the effectiveness of deterrence measures.