FCA

Slams 'cycle of deregulation, crisis and regulation'

Retail funds to be in scope from 31 December 2019

'Customers should not have been exposed to the risk at all'

Risk to retail investors

Following 2016 thematic review

Could lead investors to make 'disastrous decisions'

Joined CMA in 2014

'Callously targeted investors who were often elderly and vulnerable’

Addressing shortfall in non-executive directors

Questionnaires sent to firms