FCA provisionally fines Jes Staley £1.8m and bans him from the industry over Epstein links
Watchdog said Staley ‘recklessly approved’ a misleading letter
regulation
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Investment Association calls for improved rules for EU clients
The IA’s views are detailed in a report titled ‘Making Investment Better for All’
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Calls for judicial review into FCA as investment trust sector faces extinction
Cost disclosure regulation has been called “illegal and irrational” amid an “emergency situation” for investment companies
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FCA sees improvement in value assessments but warns there is ‘still work to do’
FCA warns not enough firms are cutting fees
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Baillie Gifford’s Budden: 2023 ‘much more stable’ year for flows amid growth rally signals
Director of marketing and distribution James Budden speaks to Portfolio Adviser following Assessment of Value report
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13 St James’s Place funds delivered ‘insufficient value’ in latest AoV report
Funds that failed include Balanced Managed, Japan and Strategic Income
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Consumer Duty impacts active-passive debate
Seven investment experts set out their thoughts on the outlook for passive investing, fixed income, India and more
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Bank of England: UK banks well protected from interest rate hikes
The BoE’s Financial Stability Report warns that market-based finance sector remains ‘vulnerable’
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Chancellor Hunt addresses inflation, regulatory shifts and reform in Mansion House speech
High levels of inflation are ‘not insurmountable’ amid ‘resilient’ UK economy
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FCA: ‘Gaps observed in liquidity management’ could lead to ‘risk of investor harm’
Regulator warned that firms lack arrangements to combat market-wide redemptions
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FCA issues fresh warning over impending Consumer Duty deadline
The new requirements will come into effect on 31 July
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Canaccord Genuity MBO hits regulatory snag
Relating to one of the group’s capital markets businesses