The FCA’s struggles to resolve an operational ‘omnishambles’
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The FCA’s struggles to resolve an operational ‘omnishambles’

Marcel Le Gouais
10 June 2022
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Regulators will never be popular, but sources’ remarks to this publication about the “operational chaos” at the Financial Conduct Authority (FCA) suggest criticisms of the watchdog have simmered over into a boiling point.

One source described the situation the FCA faces as a “perfect storm”, as it has to work through a backlog of delayed approvals for senior appointments, appointed representatives and start-up ventures, while staff mount another strike and the regulator...

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Marcel Le Gouais
Deputy Editor
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