The FCA reports £58.3m loss
Regulator also says it "fully accepts" the Davis review findings in its annual report for 2014/15.
The Financial Conduct Authority (FCA) has reported a loss of £58.3m for the year ended 31 March 2015, which it said was in line with its expectations.
The figure was revealed in the regulator's annual report for 2014/15, which was published today.
The review also contained the FCA's response to the Davis report and the regulator stated that it "fully accepted Mr Davis' analysis".
Structure
The watchdog said it had introduced a number of changes to its structure, processes and operating model
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