Today marks a "fundamental change" in regulators' ability to hold bank bosses to account, according to the FCA's chief executive, as plans to stamp down on poor practice were set out.

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Financial regulators are to come under the spotlight as the Government seeks to ensure they are being as efficient, fair and transparent as they need to be. Read more...

The National Audit Office has called for the two regulators set up last year to replace the Financial Services Authority to show value for money after forecasts showed their combined annual cost is £664m. Read more...

The Financial Conduct Authority and The Prudential Regulation Authority have confirmed that they will be undertaking enforcement investigations into events at the Co-operative Bank. Read more...