FCA to 'ban all corporate entertainment' for advisers - lawyer

Laura Dew

A top regulatory lawyer has warned the Financial Conduct Authority (FCA) could eventually ban all forms of corporate entertainment for advisers by asset managers.

At the start of the year, the FCA issued an 18-page document covering its stance on inducements and highlighting some "poor practices" it had seen in the industry which it wanted to see quashed. It...

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