Mr Bailey said the article triggered the FCA’s interest in the potential regulatory arbitrage and argued that, even if the watchdog had acted sooner, the fund would likely still have been suspended.

A senior figure at the Bank of England - Andrew Bailey - has been named as the permanent boss of the Financial Conduct Authority (FCA).

Former FCA head Andrew Bailey, now the chief of the Bank of England, is under fire this a.m. The City watchdog and its former head Andrew Bailey, nowadays the Bank of England’s chief, ...

An FCA spokesperson said: "Any suggestion Andrew Bailey misled Norman Lamb MP is completely rejected. "We have written to all relevant parties to explain why that isn’t the case but they have ...

A senior figure at the Bank of England - Andrew Bailey - has been named as the permanent boss of the Financial Conduct Authority (FCA). The FCA is the City watchdog and the UK's most prominent ...