Public consultation set to be published in H1 2018
Regulator does not want to 'incentivise short-termism'
Global bodies transitioning to new alternatives
Calls for regulatory cohesion
Will be phased out by 2021
‘Deadlines are obviously tight’
Speaking at annual public meeting
Andrew Bailey, chief executive of the Financial Conduct Authority (FCA), said he expects to see improved competition within the asset management industry as a result of the regulator's package of 'remedies', which will ultimately lead to lower management...
To be released on 28 June