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Fair for UK government to hold Financial Conduct Authority to account, Rathi says

By Sofia Gerace ( March 18, 2025, 15:36 GMT | Insight) -- Following an announcement from Britain's government that the performance of UK watchdogs will be reviewed twice a year, the head of the Financial Conduct Authority said that given its broad powers, it is important that the government holds it into account. Speaking in Brussels, Nikhil Rathi also said that given the intense scrutiny, there's no reason to think that the FCA is influenced by politics.The head of the UK Financial Conduct Authority said today that it's important that the government holds the watchdog to account, given its broad powers and the impact it has on the financial services industry....

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