Treasury Committee urges expansion of FCA's powers

Expanding the 'regulatory perimeter'

Mike Sheen
clock • 2 min read

The House of Commons Treasury Committee has urged HM Treasury to extend the remit and powers of the Financial Conduct Authority (FCA) in efforts to avoid potential harm in the future caused by unregulated SME lending, "mortgage prisoners", mini bond firms like London Capital and Finance, as well as crypto scams.

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