The FCA has used its consumer protection powers for the first time, banning the sale of contingent convertible securities to the mass market.
Yesterday, the Financial Conduct Authority (FCA) announced plans to temporarily restrict the sale of CoCos to retail clients from 1 October, saying the securities are "highly complex...and unlikely to...
Revealed – successes across all 11 categories
Latest news and analysis
Letter from academics
'Digital transformation' of sector
Up from 14% in 2017