FCA CEO on data and digital ambitions
We were interested to note a strong emphasis on data in a recent speech by Nikhil Rathi, CEO of the UK’s Financial Conduct Authority (FCA), on challenges and priorities for the organisation. “We’re investing to become as much a data regulator as a financial one, working with partners to realise a future where compliance checks can be completed in near real time,” he stated. Emphasising the importance of collaboration – including internationally, with other national bodies, and with companies – he argued that “while we have independent powers and objectives, we will achieve them more effectively by deeper cooperation and developing common capability, including in artificial intelligence and data ethics.”
Read more here.
