FSA Attacked For Unbalanced Approach

02 May 2013

Andrew Bailey, deputy governor and ceo of the U.K.’s Prudential Regulation Authority, says the Financial Services Authority, its predecessor, was an ineffective regulator because it did not have a balanced approach toward prudential and conduct regulation.

Andrew Bailey, deputy governor and ceo of the U.K.’s Prudential Regulation Authority, says the Financial Services Authority, its predecessor, was an ineffective regulator because it did not have a balanced approach toward prudential and conduct regulation.

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