"Do you think the FCA is watching us?" whispered the chairman of the improbably-sized investment company Prandeamus Asset Management nervously when I visited him last week. "Isn't that rather its point?" I replied.
"You'd have thought ‘keeping an eye on members of Her Majesty's financial services industry' was a chunky part of its job description." "No, I mean us - you and me," stressed the chairman, his eyes darting around the room nervously. "Oh come on," I laughed. "For one thing, I would really like to think the FCA had better things to do and, for another, I know you learned a long time ago from an old mate at Jupiter it never does any harm to sweep the office for bugs on a regular basis. "Anyway, bearing in mind your Chairmovision™ network of surveillance cameras hidden in assorted offices...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
