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UK’s FCA told to stop running zero-failure regime, being afraid of public scrutiny

By Sofia Gerace ( July 1, 2025, 17:16 GMT | Insight) -- The UK’s financial watchdog has been urged to stop attempting to run a zero-failure regime and to allow more risks in the system by the former head of the influential Treasury committee, Harriett Baldwin. Speaking in London, the Conservative lawmaker said the Financial Conduct Authority is afraid of failures and to be held accountable in front of the Treasury committee.Former head of the influential Treasury committee Harriett Baldwin, now a Conservative lawmaker, is urging the UK’s financial watchdog to stop attempting to run a zero-failure regime and to allow more risks in the system....

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