By Elizabeth Hearst for AMLi
The UK’s financial regulator, the Financial Conduct Authority (FCA) is currently battling increasing vacancy rates, despite investment in recruitment drives and bulking up the body’s senior leadership team.
Roughly 14% of the watchdog’s 4,200 posts were open by the middle of July, marking a higher vacancy rate than the end of last year, according to a Freedom of Information request made by the Financial Times.
The FCA’s senior management are also set to be interviewed by MPs over the increasing number of vacant posts, and apparent low-morale in staff.
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