regulated firms

FCA to axe 3 regular returns for 16,000 firms

The FCA is planning to axe at least three regular reporting requirements for 16,000 regulated firms in an effort to reduce red tape and boost growth.
New FCA data shows 5% drop in complaints
FCA may set diversity targets for regulated firms
Number of FCA-regulated firms falls by 149
FCA to launch cost/benefit analysis panel
FCA to survey 25,000 regulated firms
Number of FCA-regulated individuals falls by 806
Advisers’ fee and commission income fell 3% last year

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