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Watch: Where do your FCA fees go?

Money Marketing takes a look at where your FCA fees go after the regulator released its latest levies this week.

FCA chief Bailey: 12 months in power

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Are the FCA’s priorities the right ones?

The FCA is back with a bang, having welcomed advisers back from the Easter break with no less than four major publications setting out its priorities and areas of focus for the next financial year. The regulator, quite rightly, continues to focus on transparency of retail investments. It has used its “mission” document to keep […]

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Down the plughole: Where has all the FCA fine money gone?

Mark Sands and Tessa Norman The Treasury is facing calls to revisit the way it handles FCA fines amid mounting concern about a lack of transparency in the current system. Historically, excesses in fine revenue were directed back to firms to reduce overall regulatory costs. However, regulatory fines handed out since April 2012 have passed […]

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FCA sets out ‘mission’ and how it adds value

The FCA has published its mission document giving firms a blueprint to define the regulator’s remit and how it makes its decisions. The FCA launched a consultation on its mission in October which included discussions about vulnerable customers, the FCA’s role in redress schemes and its approach to enforcement. FCA chief executive Andrew Bailey has […]

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FCA warns Trump over ‘too big to fail’ rules

FCA warns of the damage to co-operation among global regulators if the Trump administration unwinds the regime for failing banks In an interview with the Financial Times in Washington, FCA chief executive Andrew Bailey says there is a risk to the confidence international regulators would have in the US if it scrapped its system for […]

Mark Page: why my biggest overweight stock is a discount Spanish retailer

Artemis European Opportunities Fund manager Mark Page is questioned about the merits of investing in Spanish supermarket group, Dia. Dia is a 7,000-store Spanish discount supermarket chain. But with cheaper food prices coming on to the market and an improving Spanish economy, journalist Alexis Xydias questions Mark about its inclusion in the Artemis European Opportunities […]

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Comments

There are 5 comments at the moment, we would love to hear your opinion too.

  1. Well thanks MM that has cheered the sole no end …..

    Probably nothing in that, I/we didnt already know, however, I felt like a caged tiger pacing my iron barred cell, as my tormentor eats his steak dinner in full view and in nose distance…

    • Brilliant. You should write a novel. I really felt I was with you in that cell smelling that steak dinner.

      Live & Local cost them £18-£30k in each venue? No it cost ‘us’ (those who attended), they just turned up and did their job. That was charged for separately to the published FCA fee.

  2. robert milligan 21st April 2017 at 11:37 am

    A few years ago I wrote to the then FSA and asked how much was spent on what they called seasonal celebrations, not allowed to call it XMAS!! I was told each department allocates up to £65 for each member of staff, when I pointed out I could not afford to pay that to my staff,!! I was told in London the staff need incentivising at London Rates..

  3. Well yes indeed an organization with complete and utter impunity. Did you know if you complain about the FCA, you have just 12 months from the time the incident took place, then it’s out of time. They say they asked the industry what it thought about a 1 year limitation on complaints, apparently we agreed. Yet the poor IFA is on the hook until he dies. It take years to find out how the FCA has ruined your business and possibly your life. It is time for a revolt, why should we be funding a bunch of failed lawyers?

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