FCA
FCA accused of ‘arrogance’ over LCF report response
As regulator apologises for ‘errors made in the handling of’ the mini-bond scandal
FCA eyes faster removal of unused permissions
But watchdog cautioned against being ‘too heavy handed’
Investment adviser sentenced to nearly 6 years in prison
FCA will ‘pursue confiscation proceedings against him in order to try and seize his illegal gains’
FCA review of DB redress guidance is a ‘sensible measure’
Firms should ‘assess complaints about unsuitable advice fairly, consistently and promptly’
Child-grooming financial adviser fails to overturn FCA ban
But upper tribunal judge critical of how the regulator handled the case