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Greensill affair may trigger tighter rules for non-bank finance, FCA chief tells MPs

Rathi says regulators need more information as new sources of finance boom

Nikhil Rathi speaking to the Commons Treasury Committee
Nikhil Rathi speaking to the Commons Treasury Committee

New FCA chief executive Nikhil Rathi has raised the prospect of greater scrutiny on non-bank finance in the wake of Greensill Capital's collapse.

Appearing before MPs on the Treasury Committee on 12 May, Rathi confirmed that the regulator's investigation into the supply chain finance firm's failure is ongoing.

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