Senior FCA staff have given detailed indications of how the regulator is getting to grips with the challenges posed in the fintech and crypto sectors to a major finance event in London.
“There is no need to reinvent the bank or to thrash about looking for radical new inventions,” Emily Shepperd, the FCA’s Chief Operating Officer and Executive Director of Authorisations, told an audience at the City Week event in London this week.
Instead, she said, there is a need “to
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