New chef makes his mark on FCA with a change of vision

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Law360, London (July 15, 2021, 5:29 p.m. BST) – Nikhil Rathi, the newly appointed chief executive of the city’s watchdog who has been criticized for regulatory failure, on Thursday presented a vision for a new financial conduct authority that’s more interventionist, dynamic and centralized.

Nikhil Rathi’s business plan for the FCA would allow the watchdog to act more decisively on enforcement action and take a tougher line on new entrants into the country’s markets. (Getty) Rathi launched priorities in FCA’s business plan that would allow the watchdog to act more decisively on enforcement action and take a tougher line on newcomers. entering the country’s markets. New targets for …

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