Woolard: FCA set for 'painful lessons' in autumn reviews

Outgoing chief executive calls on regulator to change

Mike Sheen
clock • 2 min read
Interim chief executive of the FCA Chris Woolard
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Interim chief executive of the FCA Chris Woolard

The Financial Conduct Authority (FCA) is set for some “painful lessons” in reviews of the regulatory system this autumn, according to interim chief executive Chris Woolard, who said the regulator has “more to do” in changing for the better.

Speaking at City Week's International Financial Services Forum yesterday (21 September), Woolard - who is soon set to step down from his role - acknowledged criticism the FCA has faced in recent ti...

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