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An online petition calling for Hector Sants' nomination for a knighthood to be withdrawn has received more than 1,300 signatures.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 plan to axe Consumer Duty board champions 'questionable'

FCA's plan to axe Consumer Duty board champions 'questionable'

Concerns raised over the role being axed too soon

Isabel Baxter
clock 20 January 2025 • 3 min read
FCA to lean more on Consumer Duty to swerve introducing additional regulation

FCA to lean more on Consumer Duty to swerve introducing additional regulation

Consumer Duty champion board requirement to be axed

Cristian Angeloni
clock 20 January 2025 • 2 min read
FCA adds 100 staff to Leeds office

FCA adds 100 staff to Leeds office

Increasing it by an additional 5,000 sq ft

Isabel Baxter
clock 17 January 2025 • 2 min read