A spokesperson for the regulator instructed Funding Week the watchdog is “monitoring the scenario”, after the AIC shared its issues concerning retail shareholder protections and funding belief board independence.
AIC writes to FCA elevating regulatory issues over Saba marketing campaign and retail shareholder safety
Within the letter to the FCA immediately (16 January), the commerce physique referred to as on the regulator to make sure funding platforms had been abiding by their Client Obligation obligations by supporting purchasers in understanding the proposals put ahead by Saba.
It additionally proposed the regulator compels…
