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UK's FCA ends "name and shame" policy for companies under investigation due to industry pressure.
The UK's Financial Conduct Authority (FCA) has scrapped its plan to "name and shame" companies under investigation due to industry backlash.
The FCA will continue with its current policy, only disclosing investigations in exceptional circumstances.
This decision also includes pausing other regulatory measures, such as diversity and inclusion rules, to avoid additional burdens on firms.
The FCA aims to publish its next steps by June.
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La FCA del Reino Unido termina con la política de "nombre y vergüenza" para las empresas bajo investigación debido a la presión de la industria.