The Financial Conduct Authority (FCA) has placed restrictions on twice as many firms in the investment market compared to last year, as part of its strategy designed to prevent harm in the consumer investment market. The restrictions include preventing firms from promoting and selling certain produc
Financial Regulation
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The new chancellor of the Exchequer, Kwasi Kwarteng, is reportedly considering a plan to scrap caps placed on bankers' bonuses. The cap to bankers' bonuses, which limits bonuses to 100% of fixed pay (and can be lifted to 200% under certain conditions), was introduced in 2014 following the global and
George Osborne The UK government is bringing forward legislation to improve the governance of the Bank of England and consolidate its financial regulation powers.