Head of financial watchdog defends performance

UK's financial watchdog boss defends organisation after critical report from MPs
A cross-party parliamentary group, comprising 30 MPs and 14 peers, presented a critical report on the Financial Conduct Authority to Parliament
Financial watchdog says MPs' criticism 'not fair'
The boss of the UK's financial watchdog has said criticism from MPs that it has failed to reform after years of scandal is "not fair". Nikhil Rathi, chief executive of the Financial Conduct Authority, said it is "tackling financial crime... on a scale that has never been done before in the UK".
Head of financial watchdog says critical report is not fair
A report on Tuesday condemned the FCA as “incompetent” and “dishonest” and warned the body needs an urgent overhaul.
‘Incompetent’ UK financial regulator slammed by parliamentarians
Report by MPs and peers calls for overhaul of Financial Conduct Authority because of ‘very significant shortcomings’
MPs brand UK financial regulator 'incompetent'
The UK's main financial regulator, the Financial Conduct Authority (FCA), has been condemned in a scathing report from a group of MPs and peers. Describing it as "incompetent", they say the FCA is "too often failing" to perform its functions and are calling for it to be overhauled.
Head of financial watchdog defends performance after critical report from MPs
Head of financial watchdog defends performance after critical report from MPs - Financial Conduct Authority chief executive Nikhil Rathi has defended the organisation after the report by MPs and peers.
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