Inadequate regulatory standards within the European UCITS fund regime caused a "perfect storm" for the embattled Woodford Equity Income fund and must be reassessed by UK regulators post-Brexit, FCA chairman Charles Randell has said.
As the fund quickly approaches the 28-day deadline for reassessment of its gating, Randell and Financial Conduct Authority (FCA) chief executive Andrew Bailey told the Treasury Select Committee today (25...
More than 4,500 retail investors affected
Ahead of December deadline
Advisers should reconsider process
In preparation for December deadline
After failing to turn up to hearing twice
Lost to Labour's Mick Whitley
Landslide win for Tories