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UK FCA Places Credit Suisse on Supervision Watchlist

UK FCA Places Credit Suisse on Supervision Watchlist

by Starling Insights

Starling Insights Editorial Board

Observations

Recently, the UK’s Financial Conduct Authority (FCA) placed Credit Suisse on a watchlist of institutions requiring stricter supervision. The FCA took this action after informing the bank last month that it was concerned that the bank had not taken the necessary measures to enhance its culture, governance, and risk controls.

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