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New regulator reveals 12-strong board

Martin Wheatley

The 12 new members of the Financial Conduct Authority board have been named ahead of the new twin-peak regulatory system taking over from the Financial Services Authority on 1 April.

The board includes chairman John Griffith-Jones and four executive members: Martin Wheatley, chief executive; Tracey McDermott, director of enforcement and financial crime; Clive Adamson, director of

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Hidden risks in insurers’ culture and misconduct data

Insurers are under growing regulatory pressure to treat non-financial misconduct as a core conduct risk, according to Loka Venkatramana from Pathlight Associates, who says they should use cultural and behavioural data with the same rigour as financial metrics to identify and address problems before they damage customers, staff or the market.

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