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UK financial regulator's ‘name and shame’ plan faces uphill battle despite changes

By Phoebe Seers ( February 14, 2025, 11:21 GMT | Comment) -- The UK financial services watchdog faces having to make a decision shortly on its unpopular “name and shame” initiative, with a consultation on amendments ending next week. While changes to the Financial Conduct Authority's plan to start naming more companies that come under investigation have been welcomed by the industry, real concerns persist that it risks damaging the reputation of regulated firms and individuals and harming the UK’s growth prospects.The UK financial services watchdog’s consultation on its unpopular “name and shame” initiative has several more days to run, but it is clear that it will have an uphill battle to get the plan over the line....

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