Financial Services Financial Services

‘Call-in’ power for UK financial regulators will immediately erode independence, FCA chiefs say

The perception of UK financial regulators’ independence will immediately vanish if the government decides to put in place a power enabling it to intervene in policy, the chief executive and chair of the Financial Conduct Authority have said. 

The regulator has heard in discussions with statutory panels, consumer groups and financ

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Fiona Maxwell

Senior Correspondent

Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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