FCA chiefs spend £10k on trips abroad in first six months of new regulator

Carmen Reichman
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Three of the regulator's top brass have spent almost £10,000 on foreign travel and accommodation in the first half year of the Financial Conduct Authority's(FCA) existence.

Chief executive Martin Wheatley (pictured), chairman John Griffith-Jones and director of supervision Clive Adamson claimed a total of £9,894 in foreign travel expenses in the six months since April. Wheatley and Griffith-Jones were responsible for the bulk of the cost, expensing £9,020 in the period on foreign travel and accommodation, while Adamson claimed back £870. Griffith-Jones racked up the highest bill, paying £5,293 for four trips to Switzerland, Washington and Beijing, while expensing a comparatively low £332 for supposedly eight nights' accommodation cost.  Wheatley, on t...

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