FCA CEO Nikhil Rathi on his to-do list for 2025, the regulator's future, and life at the helm of the City watchdog
Following the Rules
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Regulatory Perspectives on Market Integrity
This chapter examines the FCA's initiatives regarding encrypted messaging services and the regulatory scrutiny surrounding their use in the financial sector. It also discusses the balance between fostering innovation in digital assets and maintaining market integrity, highlighting the challenges posed by inadequate financial crime controls. The conversation further explores the complexities of establishing metrics for tolerable failure within the regulatory framework, emphasizing the need for effective resource allocation and transparency.
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Transcript
