MPs Want More Time For Watchdogs' Complaints Assessment

Law360, London (September 11, 2020, 2:10 PM BST) -- Politicians said on Friday that they need more time to consider how the top finance regulators should overhaul the way they deal with complaints from the businesses they oversee, saying the eight-week consultation period is not enough in the middle of a pandemic.

Mel Stride, chairman of the parliamentary Treasury Committee, has written to the Financial Conduct Authority and the Bank of England, asking the regulators to extend the deadline for the consultation, which is slated to close on Sept. 14. MPs have criticized the complaints process.

"The regulators are rightly looking to improve the scheme through which people can complain against...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!