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'Timid' financial regulator needs more powers, Lord Myners says

Published on Thursday 2nd of March 2017 11:03:29 AM in BBC

The Financial Reporting Council (FRC), which regulates how firms govern themselves, is too "timid" and needs more powers, says former City minister Lord Myners.It should "stand up to government and say we need legal change... to strengthen governance," he said.He added that shareholders also had to ...

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