City lawyer urges the government to ‘take back control’ of the FCA

City AM

City lawyer urges the government to ‘take back control’ of the FCA

A City lawyer launched an extraordinary call for the government to “take back control” of the regulator yesterday after Jeremy Hunt rounded on the FCA over its plans to name firms under investigation.  The Chancellor told the FT he hoped the Financial Conduct Authority (FCA) would “re-look” at its decision to make public the subjects of its ongoing investigations. The rare intervention was welcomed by City of London trade bodies, including UK Fi…