Statement regarding the leaked FCA S166 report on RBS’s Global Restructuring group. Importantly, the leak corroborated the Tomlinson report, Buzzfeed and the BBC, outlining that GRG targeted profitable businesses for destruction. The APPG calls for the full release of the...

Alexandra Rogers reports on the Former business secretary Sir Vince Cable’s comments on the Financial Conduct Authority (FCA). He described the FCA as using Maxwellisation – a process whereby individuals criticised in an investigation are given the chance to respond – to “hold up” the...

Flagging a “large number of investigations”, Mark Steward, the head of enforcement at the Financial Conduct Authority, pledged to use the “full intention” of rules that cover the laundering of ill-gotten gains. These rules were recently enhanced to allow the watchdog to use both its criminal...

Prem Sikka, a Professor of Accounting at University of Sheffield, outlines why the audit industry needs change. Leftfootforward

Bloomberg reports that the Financial Conduct Authority employed seven staff to interview whistle-blowers, assess their information and pass details to other parts of the agency in 2018, according to figures released under freedom of information rules. At a cost of 500,000 pounds ($658,750), the...

Ruth Sunderland calls for an investigation to be launched, not only into its own behaviour regarding LCF, but also into whether the rules covering mini-bonds give consumers adequate protection. Thisismoney.co.uk