The Financial Conduct Authority identified failings between June 2016 and December 2020 and said they occurred despite concerns being raised by junior staff as early as 2017, the regulator said today (12 November) in a statement. «Metro's failings risked a gap being left in our defence against the criminal misuse of our financial system. Those failings went on for too long,» said Therese Chambers, joint executive director of enforcement and market oversight at the FCA. Treasury expected to start looking for next FCA CEO – reports Metro said it had fully co-operated with the FCA and...
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