In a recent speech at the Peterson Institute for International Economics, Nikhil Rathi, CEO of the UK Financial Conduct Authority (FCA), laid out the agency's plans for remaining an effective regulator of the fast-changing financial services industry.
"We are redesigning our operational platform so that we can better adapt and collaborate, to address the threats, mitigate the shocks, and embrace opportunities," Rathi said. "Not just address issues after significant harm or risk has become embedded."
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