Advisers have welcomed the Financial Conduct Authority’s (FCA) temporary softening of 10% drop notifications, but believe the requirement for notices each quarter was unnecessary.
Upon reading the FCA's latest Dear CEO letter, in which the regulator said it would temporarily soften its stance on 10% portfolio drop notifications, former FCA man turned consultant Rory Percival (pictured)...
Follows Lord Hill listing recommendations
Helping firms 'get ahead' under SFDR
Hill report calls for cut in free float to 15%
Expected by Q2 2021
Rolls-Royce to cut 9,000 jobs
Running sessions throughout June's inaugural event