The UK’s financial watchdog has said it plans to adopt a looser approach to its strict privacy rules regarding its ongoing investigations, centring them more around the “public interest”.
In an interview with the FT, Therese Chambers, joint executive director of enforcement and market oversight at the Financial Conduct Authority, suggested the regulator was planning on naming firms it was probing earlier in the process in a bid deter firms from straying outside of the rules. Listings reform will not cure 'general disinterest and malaise' in UK capital markets According to the FT, the new approach will be outlined in a consultation paper set to be published today (27 February). It said the changes would largely apply to firms over individuals. "More transparency a...
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