The FCA’s Transformation Programme; and beyond… ONLINE VIA ZOOM

Name: The FCA’s Transformation Programme; and beyond… ONLINE VIA ZOOM
Start: 2021-09-16
End: 2021-09-16

Online

Nikhil Rathi was appointed last year as the Financial Conduct Authority’s new Chief Executive. He became a regulator at an interesting time, with regulatory failure having become a massive public interest issue – there have been shockingly high levels of malpractice, malfeasance, misconduct and mis-selling taking place.

Shortly after his appointment, two important reports were published; both highly critical of the FCA – Dame Gloster’s review of LCF, and Raj Parker’s review of Connaught Income Fund Series 1.

As a consequence of those reports and the widespread concerns about the FCA’s poor performance, Parliamentarians (particularly those on the Treasury Select Committee), policymakers, campaign groups and the members of the public who have suffered financial losses have been seeking significant improvements to the effectiveness of the FCA.

But will those improvements happen?

If they do, it may well be because of the FCA’s flagship initiative – it’s Transformation Programme. This symposium is all about the way the FCA is planning to evolve through that Transformation Programme. It will focus on Nikhil’s vision for change and it will provide a first class opportunity to engage with him, through the Q&A session that follows his presentation.

If you would like to submit a question for consideration please be sure to provide your question when booking your place.

Furthermore, please note that the Transparency Task Force is a “critical friend” to regulators. We see our value in helping to ensure financial regulators are aware of what more they could be doing to help protect the interests of consumers. We have always enjoyed a highly engaged working relationship with regulators. We see ourselves as being on their side (although it may not seem that way to them), always thinking about what more they can do to become as effective as possible, particularly in relation to consumer protection issues.