The Financial Conduct Authority (FCA) has attempted to provide some clarity to financial advisers and others in the retail investment value chain over the 10% notification drop rule.
Firms providing portfolio management services or holding client accounts have had to notify clients of 10% market drops since the Markets in Financial Instruments Directive II (MiFID II) came into effect...
Upcoming regulatory work
Jump in phishing and 'smishing' tactics reported
Administrative fee waived
Sector unlikely to be cause of any impending financial crisis
Record outflows in March
Died from motor neurone disease
Andy Thompson departure
What next for UK financial services?