BBA calls for accountability and strong governance as new regulators take shape

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#1

BBA calls for accountability and strong governance as new regulators take shape

9th September 2011, 15:20:PM

The new UK financial regulators currently being created need to be supported by strong systems of governance and accountability, the British Bankersâ?? Association has told HM Treasury.

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enaid

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9th September 2011, 15:32:PM

Re: BBA calls for accountability and strong governance as new regulators take shape

The Financial Conduct Authority (FCA) will have the power to intervene in the design of new financial products, but it is unclear how this might operate in practice, and what the FCA’s responsibilities will be if it were to intervene.

Well no change there then pmsl
Make a new Authority but don't understand how it will operate. :tinysmile_hmm_t2:
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