Commons to discuss on Monday whether FCA is fit for purpose in motion tabled after it dropped a banking investigation in DecemberThe Financial Conduct Authority is expected to face criticism on Monday when MPs debate a motion on whether it is up to the job of regulating behaviour in the City.
The debate,tabled by Conservative MP Guto Bebb, will discuss “that this House believes that the Financial Conduct Authority in its current form is not fit for purpose; and has no confidence in its existing structure and procedures”.
Continue reading...
Source: theguardian.com