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'Influx' of complaints against UK financial services regulators expected

By Phoebe Seers ( July 31, 2024, 12:20 GMT | Insight) -- An influx of complaints against the UK's financial regulators is anticipated next year, the head of a body dedicated to investigating them has said. Rachel Kent, the Financial Regulators Complaints Commissioner, also stated that she is pushing back against the Financial Conduct Authority's reluctance to compensate consumers even in situations where the regulator has accepted that its supervision of firms failed to meet the expected standards.An influx of complaints against the UK's financial regulators is anticipated next year, the head of a body dedicated to investigating them has said....

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