Twitter icon Email alerts icon Latest News RSS icon Magazine icon Stay connected:

View the article online at http://citywire.co.uk/wealth-manager/article/a745315

Wealth firms on alert as FCA's RDR patience runs out

by Dylan Lobo on Apr 08, 2014 at 10:52

‘The FCA's intention to move to immediate enforcement on two firms highlights its more interventionist stance and willingness to take action early when it spots failings,’ Kerr said.  

‘Firms of all stripes should be taking a cue from the pattern of enforcement and seek to ensure that they avoid similar failings in their own businesses."

Sign in / register to view full article on one page

1 comment so far. Why not have your say?

CoeurDeLion87

Apr 08, 2014 at 12:53

Surely the industry requires a regulator to move culturally speaking in the same direction or at least in tandem with the operators of the market? This 73% is hardly an endorsement of RDR and the anti-competitive doctrines that it represents. It begs the question what the '000s of compliance personnel have been doing since the whole RDR debacle commenced in 2005.

Who's regulating the compliance industry?

Who was it that said?

LET'S GET BACK TO BASICS.

report this

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Sponsored Video: Bringing it all back home


As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.

Today's top headlines

Investing for income in a changing environment


With talk on interest rates on the horizon, our latest roundtable debate covers income investing against a changing backdrop

On the road

Click here to find out more from the Audience Development team.

Sorry, this link is not
quite ready yet