FCA urged to prove absence of ‘systemic weakness' in standards and culture
The Treasury Committee has demanded the Financial Conduct Authority do more to satisfy parliament and the public it is not suffering a "systemic weakness" in standards and culture following its press briefing blunder in March 2014.
The committee today released its report into the FCA's disclosure to the Telegraph that it would investigate closed books of life insurance business dating from the 1970s to the turn of the millennium
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