U.K. financial regulator cuts cases to focus on investigations that achieve results

fca.jpeg.crdownload

The U.K. financial regulator has dropped 100 investigations without action over the past three years, but compliance should expect a refocus of resources rather than a retreat from enforcement.

The Financial Times reported the cull of “dead end” cases on Jan. 2. An official at the Financial Conduct Authority (FCA) told the FT the regulator is “committed to carrying out fewer, more focused investigations.”

THIS IS MEMBERS-ONLY CONTENT

You are not logged in and do not have access to members-only content.

If you are already a registered user or a member, SIGN IN now.