Mansion House speeches by the CEOs of the PRA (Sam Woods) and FCA (Nikhil Rathi) are always important barometers of how the regulators see themselves in terms of the sector. On Monday night there was no exception although, as quite often happens, they were different in tone and content.
Nikhil Rathi and Sam Woods set the tone from the top
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Financial services commentator and former regulator Gavin Stewart gives his opinion on where the FCA and PRA CEOs see their respective sectors.