Article summary
The Financial Conduct Authority (FCA) has published the opening remarks of its interim chair, Richard Lloyd, and its CEO, Nikhil Rathi, delivered at the FCA’s 2022 annual public meeting. Lloyd noted that the FCA’s current focus was the cost of living crisis and maintaining market integrity through the economic turbulence, and said ‘we urgently need Parliament to pass legislation that brings Buy Now Pay Later into regulation’.
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