Why City of London firms are plotting a revolt against the FCA


by @cityam

@cityam— City firms are plotting a revolt against the regulator and calling on top trade bodies to intervene after the Financial Conduct Authority revealed plans to name and shame the firms it is investigating last month.

@cityam—Fast-growing law firm TLT's new head of London says the City is spearheading its success. UK law firm TLT has had rapid financial growth over the last several years, with London as a key to that success. Its new head of its City office sat down with City A.M.

@cityam—Why the FCA will name firms we are investigating. The FCA will name some firms that are subject to enforcement investigations to reassure people that rules are upheld and integrity enforced

@cityam—FCA defends 'name and shame' plans after City backlash. The Financial Conduct Authority (FCA) has launched a robust defence of its plans to ‘name and shame’ companies under investigation today after a fierce backlash against the proposed changes in recent weeks.