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The Independent UK

Business

Anna Wise

UK finance watchdog softens ‘name and shame’ plans after City pressure

United Kingdom FCA Financial Conduct Authority the Financial Conduct Authority Jeremy Hunt

The UK’s financial watchdog has agreed to water down proposals to ‘name and shame’ firms it is investigating (FCA/PA) - (PA Media)

The UK’s financial watchdog has agreed to water down proposals to “name and shame” firms it is investigating, after facing pressure from the City.

The Financial Conduct Authority (FCA) said it is making changes, having “heard the strength of feedback” on its original plans.

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