Tag: FCA
FCA chair appointed
Ashley Alder will be the new chair of the Financial Conduct Authority and is expected to start in January.
News round-up: this week in governance
Audit firms’ complaints about fines; Carillion directors’ fines revealed; is it time to abolish the UK governance code?
FCA and FRC review TCFD disclosures by listed companies
Although firms had ‘risen to the challenge’ of reporting, many lacked specificity, metrics or an exploration of climate-related opportunities.
Companies urged to dig deeper on climate change reporting
The first annual disclosures vary in the quality of data provided and lack balanced discussion of future opportunities, say watchdogs.
FCA publishes its decision notices on Carillion case
The Financial Conduct Authority censured Carillion plc (in liquidation) and imposed fines on three Carillion executive directors.
Sacha Sadan joins the Financial Conduct Authority as ESG director
The regulator has also appointed Ian Alderton as chief information officer and Ian Phoenix as director, intelligence and digital.
Enforcement activity of City watchdog FCA increases
The Financial Conduct Authority sees a rise in the number of cases brought to its attention by whistleblowers, and awaits its first case involving the new Senior Managers and Certification regime.
‘Monocultures’ in financial firms lead to governance issues, says regulator
A senior figure from the Financial Conduct Authority argues that financial services firms with more women may suffer less from governance problems.
UK and US financial services authorities sign deal on fintech cooperation
The UK’s FCA and a US trading commission will collaborate on fintech (financial technologies) and support firms wishing to expand in international markets.
‘Fundamental governance failings’ in RBS unit saw SMEs ‘poorly treated’
Long-awaited 2016 report into the actions of RBS’s distressed business unit finds that governance failings and a lack of oversight contributed to the inappropriate treatment of struggling SMEs.