Therese Chambers, joint executive director of enforcement and market oversight at the FCA, told the AFME Annual European Compliance and Legal Conference that the FCA plans to take a hard line on financial crime. In particular she spoke about how the FCA are approaching “the lightning rod” of greater transparency
Therese Chambers tells conference the FCA is listening to concerns about ‘name and shame’ plans
The regulator will meet with groups to explore the transparency proposals but not everyone is convinced continuing along this path is the best way forward.