FCA probes Aviva preference shares plans for 'compliance with market abuse regulation'

FCA chief Andrew Bailey responds to Nicky Morgan MP

Mike Sheen
clock • 3 min read

The Financial Conduct Authority (FCA) has launched a review of Aviva's handling of plans to cancel £450m of high-yielding preference shares at par value, with the regulator set to make a decision on whether a full market abuse investigation is necessary.

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