The Financial Conduct Authority (FCA) has launched an asset management authorisation hub, which seeks to encourage competition in the industry by offering better support and guidance on regulation to new entrants into the market.
The launch is the first phase of the hub, which offers guidance to new market enterants via access to pre-application meetings, dedicated case officers and the new website portal, which can be accessed...
Penalty payments and enforcement policy
Fees as low as 0.04%
Only 9,486 applied for the benefit in 12 months
Women and young people adversely affected
UK can be world’s entrepreneurial capital