Compliance and Regulatory Consulting
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Julian Korek, Managing Director and Global Head of Compliance and Regulatory Consulting, was quoted in International Investment in an article about the amount of work being undertaken by the FCA in monitoring the activity of small businesses dealing with financial services.
“Nearly 1,400 referrals were made to the FCA’s Threshold Conditions Team in the year ending 30 June 2017, which resulted in nearly 15% of firms losing their authorisation to undertake regulated business,” said Korek. “However, this is a relatively low number compared to the total number of small regulated firms which include high street companies, such as mortgage brokers, motor dealerships and so on."