HomeUK monetary regulator faces probe into its effectiveness

UK monetary regulator faces probe into its effectiveness

T

he potential of the UK’s monetary regulator to do its job is ready to come back beneath shut scrutiny in a brand new probe.

The actions of the Financial Conduct Authority, which regulates a swathe of corporations within the sq. mile from High Street Banks to crypto buying and selling apps, are to be reviewed by the National Audit Office in a bid to “examine how the FCA is working with others, particularly HM Treasury.”

Content Source: www.normal.co.uk

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