FCA chair: Financial crime 'has reached epidemic proportions'

Charles Randell outlines FCA's approach to combating fraud

Mike Sheen
clock • 2 min read

Investment fraud is one of the "the most damaging" aspects of financial crime, which "has reached epidemic proportions" with a growing number of investors scammed out of their savings, according to chair of the Financial Conduct Authority (FCA) Charles Randell.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Regulation

FCA sets out plans to ensure liquidity mismatches do not 'threaten financial stability'

FCA sets out plans to ensure liquidity mismatches do not 'threaten financial stability'

Although good practice exists

Alex Sebastian
clock 09 December 2025 • 3 min read
FCA to remove 'unnecessary' rules in handbook update

FCA to remove 'unnecessary' rules in handbook update

‘Market practice has moved on’

Jenna Brown
clock 09 December 2025 • 3 min read
FCA addresses 'misconceptions' on Consumer Duty co-manufacturing rules

FCA addresses 'misconceptions' on Consumer Duty co-manufacturing rules

'Proportionate' application of the rules

Jenna Brown
clock 08 December 2025 • 5 min read
Trustpilot