“We now need the industry to step up and the regulator to enforce these rules” – Which? response to FCA’s proposal to make banking sector more accountable
Which? executive director Richard Lloyd, said:
“These guidelines show the regulator’s clear intention to inject some much needed trust and accountability into the banking sector.
“We’ve long campaigned for action to clean up banking culture, including holding individuals responsible for wrongdoing to account. We now need the industry to step up and the regulator to enforce these rules to make sure standards are raised for good.”
Statement: Banking, banking standards, Banks, Consumer, Financial services, Personal Finance, Which?