UK regulators threw the rulebook at fund managers and consultants three months ago, and the industry has now responded - with an argumentative cacophony.
The Financial Conduct Authority should be delighted.
Asset Management
Note to FCA: Buyside battles prove competition
The regulator says it's worried about competition on the buyside - judging by the feedback it's got, there is little shortage
UK regulators threw the rulebook at fund managers and consultants three months ago, and the industry has now responded - with an argumentative cacophony.
The Financial Conduct Authority should be delighted.