The Financial Conduct Authority (FCA) has teamed up with a number of other regulators to launch the Financial Services Regulatory Partners Phoenixing Group.
The group has seen the FCA join forces with the Financial Services Compensation Scheme (FSCS), the Financial Ombudsman Service (FOS), the Insolvency Service and Scotland's Accountant in Bankruptcy. ...
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Underperformance still present – for now
15% increase in number of claims paid