Bailey challenged to prove his independence in FCA role
Incoming Financial Conduct Authority CEO Andrew Bailey has been challenged by an MP to prove his independence from the government after accusations he was "hand-picked" by Chancellor of the Exchequer George Osborne to take on the role.
Bailey, currently Prudential Regulation Authority CEO, is expected to start at the FCA in July.
In a House of Commons debate on 1 February, where MPs discussed an early day motion about whether the
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