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FCA urged by Treasury Select Committee to set out timeline for culture-changing transformation

FCA

Politicians have called for the Financial Conduct Authority to set an end date for a transformation programme that seeks, among other things, to tackle the “siloed” culture within the regulator.

The House of Commons Treasury Committee made the recommendation in a report on the FCA’s regulation of collapsed mini-bond issuer London Capital & Finance, published on Thursday, in which it also

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