Industry regulation by committee
MPs have made sure the Financial Services Authority has taken on board their regulatory concerns, brokers must ensure they do the same
MPs had their first exposure to the new double act in charge of the Financial Services Authority when John Tiner, chief executive, and Callum McCarthy, chairman, appeared before the Treasury Select Committee last month.
They replace Sir Howard Davies, who had combined the two jobs. However, it could have been one person, so carefully did they ensure they sang from the same hymn sheet, while respecting the contrasting roles of executive and non-executive.
MPs were usually impressed by Sir Howard
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