Industry criticised FSA for bureaucracy and must not apply the same approach to compliance, says Clive Adamson. Firms must not react to regulatory supervision “with tick box compliance” and should instead focus on a culture of doing the right thing, the FCA has said. Clive Adamson, director of supervision at the FCA, issued the warning […]
Read MoreEnsuring the UK remains open for business – requirements for foreign-owned firms – speech by Clive Adamson (FCA)
Clive Adamson, Director of Supervision, FCA, has given a speech entitled “Ensuring the UK remains open for business – requirements for foreign-owned firms” at the Association of Foreign Banks. Mr Adamson’s speech covered the following topics: • what conduct regulation means for firms; • how the FCA is supporting evolving business models; • the role of senior management; […]
Read MoreTrust and confidence – ensuring firms’ ethics are built around their customers – speech by Clive Adamson (FCA)
Clive Adamson, Director of Supervision, FCA, has given a speech at the Insurance Institute of London entitled “Trust and confidence – ensuring firms’ ethics are built around their customers”. In his speech Mr Adamson outlined the need for the FCA to work with the insurance industry to enhance public trust in the sector and the […]
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