Regulation
What the ‘name and shame’ battle in the City means for the future of financial regulation
Irish business and our regulators are watching the row over whether Britain’s financial watchdog can maintain its independence
In 2015, Martin Wheatley dramatically quit as head of Britain’s financial services watchdog after falling foul of the City and the Treasury with a promise to “shoot first and ask questions later”.
Nearly a decade later, another pithy phrase is causing similar trouble for the Financial Conduct Authority (FCA). The independent regulator is facing the massed forces of the City over a plan to “name and shame” firms under investigation in a row that shows ...
