FCA
Tax & Regulation | 12 Apr 16
FCA to check consumer understanding of financial products
The UK’s Financial Conduct Authority has decided to check whether banks and building societies are making sure that customers understand the financial products they are buying.
Technology | 12 Apr 16
UK millennials more likely to embrace robo-advice, says Legg Mason
UK millennials are more open to receiving financial advice from automated services, so-called robo-advice, than their counterparts around the world, a survey by global asset manager Legg Mason has revealed.
Tax & Regulation | 7 Apr 16
Asset managers should practice what they preach, says FCA
The Financial Conduct Authority has gently warned asset managers that they need to be clear in product descriptions and manage funds in line with stated strategies, following a review.
Tax & Regulation | 7 Apr 16
FCA gives banks one week to reveal any ‘Panama Papers’ link
The Financial Conduct Authority (FCA) has given banks and financial institutions until next week to declare any links to Mossack Fonseca, the law firm at the centre of the ‘Panama Papers’ controversy.
Tax & Regulation | 7 Apr 16
FCA to launch ‘regulatory sandbox’ and robo-advice unit
The Financial Conduct Authority (FCA) is to launch its ‘regulatory sandbox’ later this spring, calling on the financial services industry to set up a not-for-profit company to carry out the function.