FCA defends secondments with ‘Big Four’ accountants

Businesspeople

Regulator says secondments to and from Deloitte, KPMG, PwC, and Ernst & Young bring critical skills and knowledge.

The Financial Conduct Authority (FCA) has revealed how many staff were seconded to and from it from the ‘big four' accountancy firms Deloitte, KPMG, PriceWaterhouseCoopers (PwC) and Ernst & Young in 2014.

Following a Freedom of Information request by Insurance Age the regulator said that 25 people were seconded to the FCA from the listed big four accounting firms in the year.

It also advised that five people from the FCA were seconded to the big four accounting companies.

Skills
The FCA said in

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FCA adds four more S166s to sector

The Financial Conduct Authority has slapped the general insurance and protection sector with another four skilled person reports as the crackdown continues.

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