The regulator has come under fire for its lack of understanding of the effect compliance cost has on firms, in a report by the National Audit Office (NAO) out today.
The NAO said the regulator did not know the extent to which its actions incurred costs for financial services firms, particularly smaller ones, which could be affected more heavily. It also said the...
Nine sub-funds launching
Our weekly heads-up for advisers
'Nothing can prevent scammers developing workarounds'
Stalwart Scottish Mortgage takes third place
Consistency and compliance vs. slower reaction time