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The Independent UK

Business

Rob Freeman

Head of financial watchdog defends performance after critical report from MPs

Nikhil Rathi FCA Financial Conduct Authority

The Financial Conduct Authority offices (PA) - (PA Media)

The chief executive of the UK’s financial watchdog has defended the organisation against criticism from a group of MPs and peers.

A cross-party parliamentary group, comprising 30 MPs and 14 peers, presented a report on the Financial Conduct Authority (FCA) to Parliament on Tuesday.

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