Only a small number of firms have comprehensive controls
The market has seen rapid growth since new investor protection rules took effect in 2014
The UK regulators says that the measures are designed to enhance market integrity and bolster investor confidence
FCA research finds little evidence reforms caused advice gap
Conduct of former BlackRock managing director demonstrated a lack of honesty, FCA says
Not all firms monitor the level of proprietary products in customer portfolios, FCA finds
UK watchdog finds small firms fail to manage financial crime risk
Contingent convertible securities issued by bank’s are “riskly, highly complex financial instruments
British bank put clients’ assets at risk, FCA says
British regulator says firms failed to ensure that advice given to customers was suitable