FCA to Tackle Big Data, Expects Firms to Act Ethically

charles-randell — Charles Randell, Financial Conduct Authority

Amelia Axelsen
13 Jul 2018

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Speaking at a Thomson Reuters Newsmakers event, Randell said principle-based regulations and a center for data ethics may be on the horizon to maintain the UK’s leadership role in innovation and ethics.

“The UK already has a trusted legal and regulatory system and contributes to setting global standards of corporate governance and business ethics. We need to contribute to new standards for data efforts too. The FCA and PSR [Payment Systems Regulator] are fully supportive of the governance

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