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Staff churn, mounting workload, and crypto incapacity: Here’s what’s challenging the FCA

The UK's markets watchdog has dominated the news agenda over an otherwise quiet summer but it faces tough choices in the months ahead

The working environment at the FCA has prompted some of the regulator's workforce to begin to voice concern about job security and the changes ahead
The working environment at the FCA has prompted some of the regulator's workforce to begin to voice concern about job security and the changes ahead Photo: Alamy

In an otherwise quiet late August, the UK's markets watchdog has dominated the news agenda.

Amid a challenging year in which the Financial Conduct Authority's employees have been navigating compliance headaches arising from both the coronavirus crisis and Brexit, Financial News reported the regulator had been criticised for not giving more thought to unintended consequences arising in other areas of its policy-making.

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