In this video Peter Grimmett, M&G Head of Fund Regulatory Development, describes the powers the FCA have when it comes to intervening in products they deem unsuitable for retail investors. Peter outlines what you need to know and how the powers differ from the FSA.
As reported in Bento 1262 on 7th August, we received tip-off from an FCA mole that the FCA had put into action their ‘Ethnicity Action Plan’ which focusses on refreshing Unconscious Bias training, exploring more impactful alternatives and rolling out the workshops across the organisation to support the changes they want to see.
I sometimes awake in the middle of the night, bathed in sweat and breathing heavily. For a minute or so I’m confused and disoriented and then, after the mental turmoil subsides I realise it was only a nightmare. In my nightmare I had worked at a Claims Management company (CMC).
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