FCA action on individuals doubles in 12 months

In 2018, the firm said, there were 27 cases involving individuals being referred to the FCA's Regulatory Decisions Committee (RDC) - up from 13 in 2017. RPC added that the rise in regulatory actions against individuals was likely to be driven by the FCA's desire to hold individuals responsible for failings at their firms, rather than just the firms themselves. HMRC keeps up data demands on clients suspected of tax evasion The firm said the level of regulatory action could rise even further as the Senior Managers & Certification Regime (SMCR) - which aims to make individuals more ac...