FCA lays out proposed changes to enforcement process
Four significant changes have been made to the FCA’s plans in response to feedback
enforcement
-
-
FCA enforcement investigation proposal is ‘radical departure’ from norm, warns AIMA
In response to FCA’s proposal to release enforcement investigation information before a decision is made
-
FCA fines advice firm £898K and bans pair over British Steel pension transfers
Firm operated a contingent charging model
-
FCA planning to announce investigations and speed them up
Decisions would be taken on a case-by-case basis