FCA moves to tackle high-risk investments despite 'limited powers' over issuers

Wants industry views

Sophie King
clock • 3 min read
Sheldon Mills: “We have been clear that we want to deliver a consumer investment market that works well for the millions of people who stand to benefit from it."
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Sheldon Mills: “We have been clear that we want to deliver a consumer investment market that works well for the millions of people who stand to benefit from it."

The Financial Conduct Authority (FCA) is asking for views from members of the financial services sector on how to tackle the issue of high-risk investments, despite admitting that it has 'limited powers' over their issuers.

In the discussion paper, published on Thursday (29 April), which follows the FCA's call for input paper launched in September last year, the FCA asked for views on three areas where changes can be made...

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