Financial Conduct Authority

Follows wave of Brextit-related redemptions

Unauthorised scheme worth over £500,000

Fined £32,000

Following Asset Management Market Study

Statutory instruments to be enforced from 29 March

As part of SRD II

Greater regulatory scrutiny to come

Regulator says 'cryptoassets pose a range of substantial risks to consumers'

New rules due end of 2019

Passive equity funds ‘consistently’ outperforming active counterparts