Member Update 22nd March 2019
Written by Charlie Palmer on 22/03/2019

FINANCIAL EXAM

Tom has a portfolio of UK shares. What type of risk is Tom LEAST likely to face?

Select one:

  • a. Issuer risk.
  • b. Price risk.
  • c. Liquidity risk.
  • d. Credit risk. 

The correct answer is d: Credit risk.

2017 FCA review

58% of files in small independent firms were deemed by the FCA in their report in 2017 to have submitted unacceptable disclosure (31% in networks) to their customers.(section 4.6)

Message of the day:
 Make sure you land on the right section of the venn diagram when the FCA follow up review comes later this year.