FCA, Other Regulators Failing To Find Balance: Survey

Dec 11 2013 | 11:21am ET

After eight months, bankers and hedge fund managers are anything but impressed with the U.K.'s new Financial Conduct Authority.

The FCA succeeded the Financial Services Authority in April, part of the British government's overhaul of its regulatory agencies. But that overhaul appears to have produced a regulator that's no better than any other, according to financial services professionals.

Just 18% of the 300 bank, asset management and hedge fund executives surveyed by Kinetic Partners think that the FCA has found the right balance between protecting investors and promoting growth. Than again, only 12% believe that the more venerable U.S. Securities and Exchange Commission and Hong Kong Securities and Futures have struck that balance. And 49% of those surveyed think that no regulator anywhere has found the right balance.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...