FCA to cut 70% of capital rules for investment firms
The current regulation is designed for banks, making them overly complex and an ‘unnecessary burdens on firms’
The current regulation is designed for banks, making them overly complex and an ‘unnecessary burdens on firms’
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Including bespoke rules for investment trusts and VCTs
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Proposals aim to reduce costs and barriers for companies raising capital, while improving opportunities for retail investors
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Chancellor proposed the idea at her Mansion House speech last month
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