FCA to 'further clarify' non-financial misconduct guidance

In a Treasury Select Committee hearing yesterday (19 July), Rathi and FCA chair Ashley Alder were quizzed about savings rates, access to cash and credit cards, and the incoming Consumer Duty, which is set to come into force at the end of the month. FCA confirms investigations into Crispin Odey and Odey Asset Management But when asked about the work the regulator is doing in the area of non-financial misconduct in the wake of the Crispin Odey scandal, Rathi said since the investigation into the fund manager is live, there limits as to what he could say. He did say, however, the FCA ...