UK regulator to tackle high-risk investments despite 'limited powers' over issuers

Sophie King
clock • 4 min read

The Financial Conduct Authority (FCA) is asking for views from members of the financial services sector on how to tackle the issue of high-risk investments, despite admitting that it has 'limited powers' over their issuers. In the discussion paper, published on Thursday (29 April), which follows the FCA's call for input paper launched in September last year, the FCA asked for views on three areas where changes can be made to protect consumers from harm. Firstly, the classification of hi...

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