TheCityUK study raises concerns over FCA officials ‘gaming the system’
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TheCityUK study raises concerns over FCA officials ‘gaming the system’

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A report by TheCityUK on regulators’ operational issues has unearthed industry concerns that the Financial Conduct Authority (FCA) has been “gaming the system” in how it attempts to meet statutory deadlines for approvals.

The study explores financial services firms’ concerns about a growing gap between the government’s commitments to boost the UK’s competitiveness and the day-to-day reality of waiting for regulatory approvals.

TheCityUK,

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