Fca

The Financial Conduct Authority (FCA) has proposed a public censure for collapsed contractor Carillion instead of a financial penalty, despite finding its directors to have been knowingly reckless in their reporting of the company’s performance.

The Financial Conduct Authority (FCA) is consulting on proposals to reduce the potential for harm to investors from the liquidity mismatch in open-ended property funds. The new rules as proposed would require investors to give notice – potentially of up to 180 days - before their investment is