FCA director says breakdown in controls led to communications blunder
Adamson warns FCA against being 'too aggressive' in comms
The communications blunder at the Financial Conduct Authority (FCA) was a result of a breakdown in controls at "multiple places" in the organisation, according to its director of supervision, Clive Adamson.
In March, some FCA employees held a ‘pre-briefing' with a UK journalist that led to the publication of sensitive information. Adamson appeared before the Treasury Select Committee today (December 16) to discuss the event.
"It was a breakdown in controls. I would say this whole event exposed
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