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FCA to publish new update on name and shame plans next week

Ashley Alder, FCA chair and Nikhil Rathi, chief executive of the FCA at House of Lords.
Ashley Alder, FCA chair and Nikhil Rathi, chief executive of the FCA. Photo: House of Commons

The FCA will “fundamentally reshape” its “name and shame” plans after backlash from the City of London and politicians.

Speaking to a House of Lords committee on Wednesday, Nikhil Rathi, chief executive of the FCA, said the UK regulator would submit revised proposals “in the next week or so” before making a final decision early next year. He admitted there were “things we could have done differently” when the