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Wednesday 10 December 2014 8:27 am|Updated:Friday 07 June 2019 7:21 pmFCA bosses give up their bonuses over insurance scandalBy: Emma HaslettShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailThe Financial Conduct Authority FCA said today directors including Martin Wheatley, it [url=https://www.cup-stanley-cup.us]stanley usa[/url] s chief executive, will give up their bonuses as a result of an investigation into a botched press briefing over insurance.The organisation said today that Wheatley, director of supervision Clive Adamson, director of communications and international Zitah McMil [url=https://www.stanleycup.ro]stanley romania[/url] lan and director of markets David Lawton will all forego their bonuses over the scandal. Wheatley had stood to make pound;150,000, on top of his annual salary of pound;460,000.The FCA added that all other members of its executive committee will have their bonuses reduced by 25 per cent.The admission comes after a report published today by Simon Davis, a partner at magic circle law firm Clifford Chance, accused the FCA of pursui [url=https://www.stanleycup.ro]stanley cup[/url] ng a high risk, poorly supervised and inadequately controlled media strategy.The report was in response to an incident in March, when The Telegraph was briefed about the FCA s plans to conduct a major review into life assurance, which were due to be published as part of its business plan four days after the newspaper s report came out.When shares in major insurers plunged as a result, the FCA has been accused of being slow to react.The report suggested