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UK financial watchdog criticized by lawmakers for 'aloof' response to report

By Phoebe Seers ( February 3, 2025, 12:11 GMT | Insight) -- The UK financial services watchdog is facing renewed criticism from a cross-party group of lawmakers who say it has refused to engage with them on a report that identified a range of failings. The group published the findings of a review into the Financial Conduct Authority’s handling of a series of scandals in November. “Very disappointingly, the FCA has not responded at all to our polite requests to meet with them to discuss our report and the many issues it raised," the group's chair, Bob Blackman, said today. The UK financial services watchdog is facing renewed criticism from a cross-party group of lawmakers who say it has refused to engage with them on a report that identified a range of failings....

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