Regulatory culture vultures start to circle in UK


“I would assert that regulators have an obligation to consider the question of whether they should have a role to play in relation to the ethics and culture of the firms they regulate.” – Hector Sants, chief executive of the UK Financial Services Authority (FSA), June.

Hector Sants’ recent speech at the Chartered Institute of Securities and Investments annual conference held in London in June expressed his desire for regulators to play a part in assessing the ethics and culture of financial

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