'We are profoundly sorry': FCA vows to change after damning LCF and Connaught reports
'Restructuring the FCA'
The Financial Conduct Authority (FCA) is set to radically overhaul its processes and procedures with a raft of “significant and necessary changes”, following the publication of independent reports into its handling of the London Capital & Finance (LCF) and Connaught fund scandals.
Both reports, published on Thursday (17 December), revealed significant failures in the regulator's handling of the multi-million pound scandals and include recommendations for change at the FCA, all of...
More on Regulation
FCA asks struggling firms: 'How long do you expect to remain in business?'
Third Covid-19 resilience survey sent to advisers
Quilter launches clone scam reporting tool
Rise in clone scams
Keith Churchouse: Here's to 'adding value for all' in 2021
Red-lettered warning
Market access: All eyes turn to equivalence question as Brexit deal is completed
Managers plea for clarity over passporting rights
Watch: Interview with PIMFA's Simon Harrington on regulatory fees and lobbying for change
Fundamental changes needed
More news
What can Netflix hit Bridgerton teach us about financial planning?
Contains spoilers
Supreme Court 'substantially' rules in favour of business interruption claimants
Completes legal process
70% of UK financial services professionals 'not confident' their firm conducts ethical finance
Scepticism towards companies' commitments
Asset managers warn economy will get worse before it gets better
GDP falls 2.6% in November
Chris Budd: What to do if you are feeling fed up
Financial wellbeing junkies
