Industry figures have told MPs they fear "turf wars" breaking out between different regulatory bodies, and called for the Financial Conduct Authority (FCA) to be more accountable.
Stephen Gay, the director general of the Association of IFAs (AIFA), and Institute of Financial Planning (IFP) chief executive Nick Cann are among those set to discuss the new financial services regulatory regime with MPs this week.
The Financial Services Authority (FSA) has been sitting in on the board meetings of some of the largest City firms.
The Treasury Select Committee has today published the terms of reference for its inquiry into the Financial Conduct Authority (FCA), and is calling for evidence on how the new regulator should be interacting with the industry and using its intervention...
The Treasury Select Committee (TSC) has launched its inquiry into the Financial Conduct Authority (FCA).
A new joint committee of six MPs and six peers is to enquire about consumer responsibility under the new 'twin peaks' regulatory system as it begins its pre-legislative scrutiny of the draft Financial Services Bill (FSB).
The Treasury has denied the new regulatory structure set to replace the Financial Services Authority (FSA) will clash with European regulation.
Policyholder protection will be at the heart of the Prudential Regulation Authority's (PRA) post-2012 supervision of insurance companies, a joint FSA and Bank of England paper outlines today.
Cross-subsidisation within the Financial Services Compensation Scheme (FSCS) should end, according to some respondents to the Treasury's consultation on the future of financial regulation.
The Treasury Select Committee (TSC) has voiced fears over appointing former Bank of England (BoE) adviser Alastair Clark to the Financial Policy Committee (FPC).