The regulator announced back in February that it was looking at updating its process around how ongoing investigations are publicised, and proposed it would announce corporate investigations earlier, publish updates, and close inquiries more quickly in an effort to prioritise cases with the most impact. In a letter to the regulator's CEO, Michael Forsyth, chair of the House of Lord's Financial Services Regulation committee, said the proposals risks having a «disproportionate effect» on firms named in investigations, where those firms are subsequently «cleared of any wrongdoing, particula...
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