The FCA is set to escalate the number of investigations into suspected wrongdoing once the EU's senior managers regime (SMR) has been fully implemented next year, although these will not necessarily lead to enforcement actions, according to the regulator's director of investigations.
In a 15 June speech, Jamie Symington said the FCA needs an approach to investigation which will help embed the culture of the SMR. "This means that generally where there are grounds for investigating...
We must follow this meeting of the central bankers closely, argues Fabrizio Quirighetti, CIO and co-head of multi-asset at SYZ Asset Management.
Spent seven years at Aviva Investors
Second profit warning since June
Moved to Switzerland in 2010
Joins Vanguard, JPMAM, Hermes in shouldering costs