The Financial Conduct Authority (FCA) has unveiled an industry-wide discussion paper on whether further regulatory intervention may be needed to protect consumers in open-ended funds investing in illiquid assets, and ensure market stability.
It said it will draw on responses received by 8 May, together with further supervisory work, to decide whether changes need to be made to Handbook rules and guidance. The regulator said it does not...
The US dollar is close to peaking and the risks now seem to be on the downside.
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