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FCA calls for better understanding of ‘regulation-growth connection’ after criticism

General views of London's Canary Wharf skyline.
The FCA has been criticised for putting off investment in UK. Photo: AaronP/Bauer-Griffin/GC Images

After some unsually pointed remarks from the government the FCA makes a case for its current approach.

The UK’s top financial regulator, the FCA, has called for “Improving our understanding of how financial services regulation affects economic growth.” The message comes at the end of a week that saw the regulator being criticised heavily for its role in drawing foreign investment and helping economic growth.

It has