U.K. Financial Conduct Authority’s acting top executive withdrew from the race to take the role permanently after manning the post following the government’s ouster of the last head. Chief Executive Officer Tracey McDermott interviewed for the position last year. U.K. …
UK Financial Conduct Authority acting chief Tracey McDermott appealed to insurers to get behind the regulator, setting out her plans for the industry as she fights to keep the top job. “While our roles are different, and while a degree …
UK banks and insurers must appoint a senior manager to “champion” internal whistleblowers as regulators attempt to protect tipsters who come forward with evidence of illegal conduct. The U.K. Financial Conduct Authority and Prudential Regulation Authority published the rules Tuesday, …
Conflicts of interest in dark pools and how insurers use big data are two of the main areas the U.K. Financial Conduct Authority will look into over the next year, the regulator said in its annual business plan. The FCA …
Aviva plc was fined 17.6 million pounds ($27.2 million) by the U.K. financial markets regulator for failing to manage conflicts of interest among funds in its fixed-income business. From August 2005 to June 2013, Aviva served funds that paid different …
