One in six ambulance chasers failed to get FCA authorisation so far
Still processing 590 applications
A total of 42 claims management companies (CMCs) have either withdrawn their application or been denied regulatory approval by the FCA, a freedom of information request by Professional Adviser has revealed.
Last April more than 900 firms applied for temporary regulatory permissions so they could continue operating while they went through the regulator's authorisation process. The temporary permissions mean...
More on Regulation
FCA starts work to strengthen SPAC standards
Follows Lord Hill listing recommendations
TISA publishes first ESG reporting good practice guide
Helping firms 'get ahead' under SFDR
London to modernise listing rules as attractiveness stumbles
Hill report calls for cut in free float to 15%
Investment Association eyes Global and Specialist sectors split
Expected by Q2 2021
FCA issues data request to 65 advisers over Rolls-Royce DB pension scheme
Rolls-Royce to cut 9,000 jobs
More news
Pensions dashboard issues digital design tender in 'significant milestone'
Run by Money and Pensions Service
UK shows 'first signs' of recovery as economy grows 0.4% in February
1.6% uptick in construction sector
M&G Wealth hires recruitment and acquisition director
Looking to triple size of advice business
Mattioli Woods buys Pole Arnold Financial Management for initial £4m
Latest acquisition expands presence in Leicester and London
Columbia Threadneedle acquires BMO EMEA asset management business
Ameriprise Financial strikes £615m deal
