“New Chief Executive of the FCA must be determined to improve consumer protection and competition” – Which response to the FCA’s Chief Executive standing down
Which? executive director, Richard Lloyd, said:
“Which? has strongly supported the transformation of the financial regulator from lapdog to watchdog. The new Chief Executive of the FCA must be determined to improve consumer protection and competition in financial services, and to continue with the much needed clean-up of our failed banking system. Ensuring the independence of the FCA is crucial for consumer confidence.”