Sants knighthood petition receives 1,300 signatures

Nicola Brittain
clock

An online petition calling for Hector Sants' nomination for a knighthood to be withdrawn has received more than 1,300 signatures.

'Roger C' set up the community petition on Avaaz.org on Thursday, arguing Sants is not worthy of the honour as he, as chief executive of the Financial Services Authority, failed to respond adequately to the financial crisis or maintain a fair regulatory system. The e-petition had received 1,312 signatures as of 5:30pm on Friday. "I am shocked that the government has nominated Hector Sants for a knighthood," 'Roger C' writes. "Along with many other politicians, bankers and regulators, he was, according to MPs, 'asleep at the wheel' and in part responsible for the financial crisis th...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

FCA's vulnerability findings flag lack of tailored training and understanding

FCA's vulnerability findings flag lack of tailored training and understanding

Many firms had taken positive action but ‘areas for improvement remain’

Isabel Baxter
clock 07 March 2025 • 6 min read
FCA urges principal firms to check PII cover

FCA urges principal firms to check PII cover

Regulator finds 10% of sampled firms may not have adequate cover in place

Isabel Baxter
clock 28 February 2025 • 1 min read
FCA to undertake MPS Consumer Duty review

FCA to undertake MPS Consumer Duty review

Regulator recognises the sector has been ‘growing at pace’

Isabel Baxter
clock 26 February 2025 • 2 min read