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FCA execs defend tough year in leaked Christmas messages

Board says the regulator is transforming, but employees know challenges remain

Ahead of the festive break, execs have moved to reassure staff that the regulator is on the right track
Ahead of the festive break, execs have moved to reassure staff that the regulator is on the right track Photo: FCA intranet

The Financial Conduct Authority’s top brass have defended the watchdog at the end of a tough year for the regulator.

In messages posted to the FCA’s intranet on 23 December by each executive committee member, featuring their highlights of the year, seen by Financial News, board members praise the work of the regulator’s employees during a frantic year for the City.

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