The FCA has handed £150 compensation to an unnamed adviser who said his firm was wrongly listed on the Financial Services Register as an appointed representative for an unnamed firm he had already left and never worked with.
The FCA is to launch a sweeping review of 11,000 requirements and limitations covering 9,000 regulated firms.
The FCA has cancelled the part 4A regulatory permissions of Bromley-based firm HLU Ltd (FRN: 938123).
Financial Planning firms make up the bulk of firms on the FCA register offering ‘holistic advice’, according to a new report from financial services adviser consultancy Autus.
The FCA is to compensate investors who may have lost money due to failings in the FCA register which allowed a fraudulent firm to trade.
