Our Website Uses Cookies 


We and the third parties that provide content, functionality, or business services on our website may use cookies to collect information about your browsing activities in order to provide you with more relevant content and promotional materials, on and off the website, and help us understand your interests and improve the website.


For more information, please contact us or consult our Privacy Notice.

Your binder contains too many pages, the maximum is 40.

We are unable to add this page to your binder, please try again later.

This page has been added to your binder.

FCA's anti-competitive scrutiny is here to stay

January 25, 2018, Behavox

Louise Freeman is quoted in a Behavox article regarding the UK Financial Conduct Authority's (FCA) statement of objections to four asset management firms, signifying the first time the FCA has used its competition enforcement powers. According to Freeman, firms should expect further scrutiny, and to prepare accordingly. “They started with a very wide asset management investigation, and that has been whittled down to the point they put out a report and pass something on to the [Competition and Markets Authority],” she says. “I can see the FCA doing more of this in future.”

Freeman adds that tighter and more focused systems and controls are a must. “The best defence is compliance, to revisit compliance programs, make sure they are being implemented,” she says. “Making sure compliance programs are up to date and extended far enough in terms of who is covered inside a firm too.”

Share this article: