Consultancy warns firms the FCA expects them to do more to fight financial crime

Carmen Reichman
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The regulator's clamp-down on financial crime will have an effect on advisory firms who are often seen as the gate-keepers to financial services, a consultancy has said.

Advisers are well placed to identify fraudsters and stop them entering financial services because of their position in the marketplace, Bovill head of wealth management Mark Spiers suggested. He said: "Advisers are the gatekeepers to a lot of financial services (...

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