Regulation

To deploy ‘safe and responsible’ AI

Competition director to exit after eight years

Advice firm entered liquidation in 2023

Regulator’s findings a ‘wake-up call’ for private equity and consolidators

'Lots of issues to work through' before changes come into force

That it took the FCA so long to launch a review 'still seems a mystery'

The Financial Conduct Authority (FCA) this morning shared its consolidation multi-firm review findings, identifying areas of good and potentially harmful practice.

Some using 'high-pressure techniques'

Total number of financial services complaints hits 1.85 million

Consumer Duty and FCA reporting cited as biggest regulatory demands