Inadequate regulatory standards within the European UCITS fund regime caused a "perfect storm" for the embattled Woodford Equity Income fund and must be reassessed by UK regulators post-Brexit, FCA chairman Charles Randell has said.
As the fund quickly approaches the 28-day deadline for reassessment of its gating, Randell and Financial Conduct Authority (FCA) chief executive Andrew Bailey told the Treasury Select Committee today (25...
Vitality at Work scheme
Reporting to Steve Hill
Appointed on 19 September
Plans to double size in five years
Unnamed company valuation reduced