FCA proposes extending investment research rules to pooled funds
Regulator wants to widen scope of recent research rule overhaul to UCITS and alternative investment funds
Financial Conduct Authority
-
-
FCA issues warning notice to Crispin Odey
Regulator has accused the former hedge fund boss of a ‘lack of integrity’ in handling Odey Asset Management’s governance
-
FCA’s call for input post-Consumer Duty nears deadline
Industry commentators have welcomed the FCA’s desire to seek feedback on how it can simplify retail conduct rules and guidance
-
FCA: Under half of 5,380 misconduct cases made since 2021 are resolved
Non-financial misconduct claims are increasing in the financial services industry, yet 57% are not met with action
-
Ex-Barclays Wealth chief executive Kalaris loses appeal against FCA
Kalaris loses appeal to perform senior management duties at firm Saranac
-
Is a bitcoin allocation a diversification ‘cheat code’?
A 1% bitcoin allocation in a 60/40 portfolio could have added an annualised 0.67% to returns over the last 11 years
-
FCA remodels capital raising rules in bid to boost UK markets
Companies won’t be required to publish a prospectus for capital raising below 75% of the total of existing shares
-
FCA fines Coinbase UK subsidiary £3.5m for onboarding high-risk clients
CB Payments Limited onboarded more than 13,000 high-risk clients who executed $226m worth of transactions
-
Dynamic Planner’s Jones on capturing complexity
The government is channelling money towards UK companies but will investors be tempted? writes the chief proposition officer
-
Citigroup fined £61.6m over trader inputting error
A trader erroneously created an equity basket worth $444bn, of which $1.4bn made it to market before the order was cancelled
-
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
