UK to relax post-2008 rules that hold City bosses accountable for wrongdoing
- City: 143 events in the last 90 days
- Previous: 1 days earlier · How can I watch Villa v City on TV around the globe?
What happened
Regulators say removing ‘unnecessary burdens’ will save businesses about £2bn over 10 years The UK is watering down rules introduced in the aftermath of the financial crisis that were designed to hold City bosses accountable for wrongdoing. The plans, put forward by the financial industry’s two top regulators, the Bank of England and the Financial Conduct Authority (FCA), include a reduction in reporting for “lower-…
Summary assembled by rule from the sources below