Regulation

Reportedly once spent £125,000 on single bottle of Champagne

Plus the 2015 Insurance Act and financial crime reporting

FCA proposed stand-alone qualification

Firm focusing on 'hybrid' advice

RegTech has 'potential' - FCA's Woolard

Goverment plans to adopt MiFID definition of advice

Opinions sought on wording, costs, benefits and risks

"The business put at risk could be significant"

'Need to wait' for outcome of UK's negotiations with EU

Wants to spur adviser interest