Here we go again!

The new interim chair of the Financial Conduct Authority (FCA) is Richard Lloyd OBE founding trustee of the Money and Mental Health Policy Institute and awarded an OBE in 2019 for services to the economy.

A quick check on his background shows who the very first recipient of their accreditation was ...Lloyds Bank!

So, Mr Lloyd and Lloyds bank have a previous association which is quite in depth by the look of it. What does Nikhil Rathi CEO of the FCA have to say about this? 

Does this mean that Lloyds Bank has, yet again, got another "insider" in the FCA to smooth things over? Certainly, there is a huge conflict of interest there if all associations are honestly declared! 

Nigel Harper

UK Independence Party Spokesman for Banking and Fraud