IFAs and the FCA
Written by Charlie Palmer on 10/08/2018

The Financial Conduct Authority launches approximately 4 probes each week. 

This is about double the numbers from 2012 to 2015 and indicate that the backlash from the credit crunch is gathering steam.

Market integrity is the market cleanliness statistic published by the FCA, which is regarded as an indication of possible insider trading prior to takeover announcements. 

FCA statistics show that from 2005 to 2009, the statistic for potential insider trading was 30%. In 2014 the average level was down to a more palatable 14.3%. Still, quite a shocking number.  In 2015, the statistic is back up to 19%, (although the FCA cautions in its 2015/16 annual report that year had a small number of takeover announcements, making meaningful inferences from year-on-year changes difficult to draw. ) 

If you are subject to a probe, you need advice.  IFAC provide that service. Speak to Charlie.palmer@ifac.eu


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