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FCA: Speech by Nikhil Rathi: Hardwiring finance into national security

23 Oct 2025 United Kingdom 1 min read

Text of Nikhil Rathi’s speech of 22 October 2025 follows in which he discusses security and resilience, noting “we treat finance as though it sits beside defence, not inside it – and we hesitate to invest in resilience on the sustained scale needed.  These cannot be decisions for risk officers alone – rebalancing risk must be for all Executives and Boards”.



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