FCA to add 80 jobs focused on shutting down problem firms

regulation-torn

The regulator also revealed that it was creating 80 roles to shut down problem firms which do not meet basic regulator standards. The initiative - a three-year strategy - will protect consumers from potential fraud, poor treatment and create a better market, the authority argued.

The FCA detailed that it will, for the first time, hold itself accountable against published outcomes and performance metrics.

Spending

According to the FCA, its calculations when developing the three-year strategy

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