Prudential Regulation Authority and Financial Conduct Authority consult on proposals to improve responsibility and accountability in the banking sector

Prudential Regulation Authority and Financial Conduct Authority consult on proposals to improve responsibility and accountability in the banking sector

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Prudential Regulation Authority and Financial Conduct Authority consult on proposals to improve responsibility and accountability in the banking sector

This 2014 press release marks a watershed moment in UK financial regulation, as the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) jointly proposed a rigorous new framework to enforce individual accountability.

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