FCA
UK financial crime hits ‘epidemic proportions’
But FCA chair says regulator cannot step in to deal with it all
Financial services firms in Malta to be put on notice
As regulator looks to mimic the UK’s financial crime agency
Ex Barclays Wealth COO dodges ban over misconduct
But UK regulator issued a public notice regarding his actions
Firm linked to London Capital & Finance has collapsed
It raised almost £8m by selling mini-bonds to hundreds of investors
Collapsed wealth firm charged investors 20% fees
And pushed advisers to promote its portfolios to DB pension transfer and Sipp clients
