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UK parliamentary group calls the FCA ‘dishonest and incompetent’

FCA reception
The FCA has defended its role despite being repeatedly criticised in recent months by the government and now an APPG. Photo: FCA

Hameed Shuja

3 min read
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The report is based on evidence and testimonies shared by individuals who have had direct dealings with the UK regulator.

A group of British parliamentarians and peers have questioned the integrity of the FCA in a report that has called the regulator “dishonest and incompetent.”

The 358-page report published on Tuesday has been put together by MPs who are part of the Investment Fraud and Fairer Financial Services All Party

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