FCA defends 'pragmatic' data collection despite anger over rising costs

FCA chairman John Griffith-Jones has defended the regulator’s “pragmatic” data collection despite industry concerns over escalating costs. Speaking at a Wealth Management Association conference in London this week, Griffith-Jones said good data is a precursor to good regulation.Griffith-Jones said: “While I can sympathise, and have been lobbied pretty vigorously by…