FCA under further pressure after letter before action

NEDs have received an open letter accusing them of failure to act

James Baxter-Derrington
clock • 1 min read
FCA under further pressure after letter before action

Non-executive directors (NED) at the Financial Conduct Authority (FCA) have found themselves under fire once again, with the board receiving an open letter accusing them of failure to act and the regulator itself now in receipt of a letter before action.

Transparency Task Force founder Andy Agathangelou has published the open letter calling for the NEDs and outgoing chair Charles Randell to "provide an explanation as to why [they] are failing to ac...

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