FCA releases proposals to expand SDR to wealth managers
The regulator has made adjustments to requirements for portfolio management services following industry feedback
FCA
-
-
Industry welcomes FCA’s anti-greenwashing guidance but will need to ‘rush’ to meet 31 May deadline
Some firms were hoping for a longer transition period, commentators say
-
Will the FCA’s response to Link failures change the role of ACDs?
TTF challenges regulator’s claim its Weif enforcement action will raise industry standards among ACDs
-
Woodford: Link avoided £50m FCA fine due to redress scheme
Regulator said it would have proposed a penalty of up to £50m if Link had not settled on a scheme of arrangement
-
FCA to take action against Neil Woodford and WIM
Also found Link Fund Solutions failed to act with due skill, care and diligence in its management of the Woodford Equity Income Fund
-
FCA plans to overhaul how asset managers pay for investment research
‘Bundling’ of payments for third-party research could level the playing field for smaller asset managers
-
Appeal for impact investing in decline as market volatility takes its toll
Appeal declined by 5% in the UK despite impact investors willing to give up some returns
-
Home Reit sells 63 more properties for £6.1m
451 properties sold since August 2023
-
Close Brothers halts dividends amid FCA review into motor finance industry
Comes amid half-year company results
-
FCA increases spending and aims to bolster UK stockmarket in 2024/25 business plans
Will increase its workforce to 5,000 staff members by the end of March 2024
-
Baroness Bowles calls FCA ‘illegal, irrational and inconsistent’ amid AIFMD campaign
Argued against cost disclosure rules for investment companies in reading of second Private Member’s Bill
-
Home REIT threatens legal proceedings against parties ‘responsible for wrongdoing’
Amid the FCA’s investigation into the investment company