Staff warning on finance regulators

Press Association
Inside The Financial Conduct Authority As Investigations Begin Into Private Accounts Of Forex Traders
Inside The Financial Conduct Authority As Investigations Begin Into Private Accounts Of Forex Traders

%VIRTUAL-SkimlinksPromo%Confidence in the two new financial services regulators will be at risk unless more is done to attract and retain staff, the public spending watchdog has warned.

According to the National Audit Office (NAO), more than a third of staff at the Financial Conduct Authority (FCA) have less than two years' service at the regulator and its predecessor, the Financial Services Authority (FSA).