Davis report: Questions raised over Martin Wheatley’s leadership following FCA scandal December 10, 2014 Conservative MP Mark Garnier said yesterday that Financial Conduct Authority (FCA) boss Martin Wheatley faces questions over his fitness for the role. The former City fund manager, who now sits on the Treasury Select Committee, told City A.M.: “The question is whether the regulator’s priorities are badly distorted. It seems the regulator is confused about what [...]
Davis report: FCA chief Martin Wheatley in the firing line after publication of review into regulator’s newspaper leak December 9, 2014 Martin Wheatley, head of the Financial Conduct Authority (FCA), is expected to face questions over his future today after the publication of a report into the regulator’s leak of price sensitive information concerning life insurers. Wheatley, who famously said his strategy was to shoot first and ask questions later when it comes to regulating the [...]
Martin Wheatley undermined China effort – Editor’s Letter October 8, 2014 As the advisers to the Jimmy Choo flotation announce they have enough support to proceed, there is much to be delighted with in the way the new issues market has gone this year. Up to the August break and then pausing until the uncertainty over the Scottish referendum lifted, there has been a constant stream [...]
FCA boss Wheatley says he won’t quit over insurance blunder April 1, 2014 Martin Wheatley is not intending to step down as chief executive of the Financial Conduct Authority after last week’s embarrassing episode when it bungled an announcement on a new insurance probe. The regulator is investigating the fees and charges faced by savers with policies dating back forty years. The announcement saw shares in insurers plummet [...]