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Complaints Commission sees sharp drop in reports bvibeacon.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bvibeacon.com Daily Mail and Mail on Sunday newspapers.
Redress for victims ‘impossible’ under FCA compensation changes Activist Gina Miller files complaint against regulator over reforms to its scheme Activist Gina Miller and her husband Alan have turned to law firm Shearman and Sterling to submit a letter of support to an official complaint made by London Capital & Finance (LCF) investors. The submission to the Complaints Commissioner came after the Financial Conduct Authority announced in September 2020 that it would make changes to its complaints scheme. The Millers said that, after “having received no satisfactory reply” from the regulator, they worked with the law firm to file an official claim with the Commissioner. ....
Redress for victims 'impossible' under FCA compensation changes international-adviser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from international-adviser.com Daily Mail and Mail on Sunday newspapers.
To embed, copy and paste the code into your website or blog: Almost 1,000 whistle-blowing reports are still being assessed by the Financial Conduct Authority (FCA) months and in 316 cases, years after they were brought to its attention, a request made under the Freedom of Information Act 2000 has revealed. In its response to FOI8058, submitted by Regulatory Intelligence, the FCA said it was still assessing 316 reports from 2019 and 630, from 2020. In all, the FCA received 1,179 reports in 2019, containing 2,747 allegations. In 2020, it received 1,075 reports, containing 2,798 allegations. As of April 20, the FCA said 41 reports received in 2019 and 13 from 2020 had led it to take significant action to mitigate harm. ....