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FCA staff back management despite recent crises

Regulator's staff say they have redoubled efforts during pandemic

95% of the FSA’s staff said they felt ‘proud of continuing to protect consumers and ensure markets and competition works well at this difficult time’
95% of the FSA’s staff said they felt ‘proud of continuing to protect consumers and ensure markets and competition works well at this difficult time’ Photo: Alamy

FCA staff say they are a third more likely to go the extra mile than before the pandemic, according to internal polling seen by Financial News, backing the performance of the watchdog’s management despite a series of hits to its reputation.

In a meeting on 26 November, minutes show that FCA chief executive Nikhil Rathi briefed the watchdog’s board on “the monitoring and engagement with staff on staff wellbeing”.

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