Martin Wheatley, chief executive of the Financial Conduct Authority (FCA), has branded the previous watchdog - the Financial Services Authority (FSA) - "too robotic" in its approach to regulation.
Martin Wheatley, chief executive of the Financial Conduct Authority (FCA) believes the concept of caveat emptor in financial services in "hard to defend".
Adviser costs for the Financial Conduct Authority (FCA) have been raised 13% to £41.9m for 2013/14.
The withdrawal of lenders offering interest-only may limit consumer choice, said the incoming CEO of the twin-peaked Financial Conduct Authority, which took over from the FSA yesterday.
The Financial Conduct Authority (FCA) will not find it easy to drop its predecessor's 'tick box' culture according to the chairman of the Chartered Insurance Institute's Professional Standards Board (PSB).
The chief executive of the incoming Financial Conduct Authority (FCA) has said the body will be "much broader" in its approach to identifying mis-selling and other problems - including monitoring Twitter.