FCA rules out Woodford report unless enforcement action is taken

The financial watchdog's annual report for 2021/22 was marked by the notable absence of any reference to its progress on the continued Neil Woodford saga.  However, at the FCA annual public meeting held today (12 October), executive director for enforcement and market oversight Mark Steward was asked if he could provide an indicative timeframe of when the report on the Woodford investigation would be made public. "I should make clear that the question assumes that whatever the outcome, there is some report that we publish under the legislation that governs what we are doing. There is ...