FCA
FCA under scrutiny over handling of failed firm
Investigation will also focus on the regulation on purchase of mini-bonds by retail investors
Advice firms get 5 days to tell FCA about inadequate PI cover
As ombudsman compensation limit more than doubles to £350,000 from 1 April 2019
UK regulator logs 31% drop in misleading adverts
FCA said its powers are an ‘effective deterrent’ but it still has four requests a week, on average
Claims management companies fall under UK watchdog
But won’t have to contribute to Financial Services Compensation Scheme (FSCS) levy
UK regulator bans ‘inherently flawed product’
Move could save investors up to £17m a year and reduce risk of fraud