The Financial Conduct Authority (FCA) has released a discussion paper outlining the potential benefits and risks of rule changes, aiming to support wider access to sustainable home ownership.
The last four years has been marked by significant reform. I am looking forward to working even more closely with Nikhil so there is no let up in the pace of change, and to ensure we have the right relationships, domestically and internationally, to deliver our ambitious strategy.
"The FCA's recent report highlights a critical failure in the oversight of professional bodies responsible for anti-money laundering within the City of London, emphasizing the alarmingly low investment in compliance activities."