FCA admits botch up over bullying complaint – report

Independent commissioner removes findings against former FCA senior exec

Jen Frost
clock • 2 min read

The Financial Conduct Authority (FCA) has reportedly admitted internal failings over a bullying complaint directed at a former senior member of staff.

A report on the Financial Regulators Complaints Commissioner (FRCC) website into the conduct of former FCA director of enforcement and market oversight Mark Steward has reportedly been removed. It had upheld that the senior executive had behaved in an "aggressive, unpleasant and bullying" manner towards a creditor of a collapsed payments firm, The Times reported. As per The Times, it has since been established that Steward was not made aware of the complaint against him, while potential witnesses to the event were not approached. Under the terms of the since removed report, the regula...

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