Wheatley approach a "gross distortion of process"
Law firm CMS Cameron McKenna has claimed that the approach by Martin Wheatley, incoming boss of the Financial Conduct Authority, to "shoot first and ask questions later" represents a "gross distortion of due process".
Wheatley said at the Association of British Insurers' regulation conference yesterday that financial services firms could be banned from selling some products before the regulator has decided whether
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