Skip to Primary Navigation

Skip to main content

UK parliamentary group calls the FCA ‘dishonest and incompetent’

FCA reception
The FCA has defended its role despite being repeatedly criticised in recent months by the government and now an APPG. Photo: FCA

Hameed Shuja

3 min read
 Click to share on Facebook (Opens in new window/tab) Click to share on Twitter (Opens in new window/tab) Click to share on LinkedIn (Opens in new window/tab) Click to share on WhatsApp (Opens in new window/tab)

The report is based on evidence and testimonies shared by individuals who have had direct dealings with the UK regulator.

A group of British parliamentarians and peers have questioned the integrity of the FCA in a report that has called the regulator “dishonest and incompetent.”

The 358-page report published on Tuesday has been put together by MPs who are part of the Investment Fraud and Fairer Financial Services All Party

, , , , , , , , , ,

Get full access, free for a month

Start your 28-day free trial to continue reading and access
all content on GRIP – no payment details required.

Start free trial Sign in

What’s included:

  • Every new article, plus our 5,000+ archive
  • Daily regulatory insight and guidance
  • Exclusive interviews and in-depth analysis
  • Coverage of industry-leading events and conferences
  • All podcasts and videos, featuring industry experts
  • The full set of Rules Navigator tools
  • An ad-free experience