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Parliamentary committee rebukes FCA over handling of name-and-shame proposals

British parliament building
This is the second parliamentary report in less than six months criticising the FCA. Photo: AaronP/Bauer-Griffin/GC Images
Hameed Shuja profile image

Hameed Shuja

3 min read

The FCA has already signalled it will water down its original plans.

A House of Lords Committee has criticised the UK’s FCA for the way it handled consultations in regards to its name-and-shame proposals.

In a report, the committee has asked the FCA to abandon the plan if it is “unable to find an acceptable balance in these proposals between increasing

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