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Press Release

IMA: Treasury committee's recommendations on the FCA should ensure a fairer deal for consumers

13 January 2012

Responding to the Treasury Committee's report into the Financial Conduct Authority, Guy Sears, Director of Wholesale said:

"The recommendations of the Select Committee are eminently sensible. The messages are clear: the legislation must better frame the new powers and relationships; the regulator must be more effective and accountable; and industry must also step up and engage with the regulatory process.

"If that happens high standards of behaviour and well thought through regulation will indeed ensure that consumers are treated fairly."



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Investment Management Association

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