News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Asset Management

Gina Miller threatens to sue FCA over its handling of Mifid II

Prominent campaigner and wealth manager believes FCA may be allowing large asset managers to flout the new rules

Gina Miller
Gina Miller Photo: Getty Images

Gina Miller, who shot to fame after taking the UK government to court over Brexit, has held talks with a number of law firms in order to sue the UK’s financial regulator over its handling of Europe's newly-implemented market rules.

Miller wants to bring legal action against the Financial Conduct Authority for creating what she calls an "anti-competitive market". The prominent campaigner and wealth manager believes the FCA is penalising a vast section of the investment universe by allowing many large asset managers to flout the new rules.

WSJ Logo