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Around the house: new GCs for AI truck startup Plus and American Century Investments
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Around the house: new GCs for AI truck startup Plus and American Century Investments
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FCA boosts legal team with two new hires | Mortgage Strategy
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UK Financial Conduct Authority Appoints David Anthony Scott As Interim General Counsel And Raj Parker As A Senior Legal Adviser
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Selected UK and EU regulatory updates of interest to the funds and asset management sector.
Contents:
FCA approach to handling of Connaught complaints about FSA/FCA
Following the report of Raj Parker s Independent Review into the FSA and FCA s handling of the Connaught Income Fund Series 2 and connected companies , the Financial Conduct Authority (FCA) has published a statement setting out its approach to assessing complaints relating to the Financial Services Authority s (FSA) and FCA s handling of the Connaught Income Fund Series 1.
The FCA advises that most complaints received from investors concerning the FSA and FCA s actions in its handling of the collapse of the fund were investigated, determined with decision letters and closed in 2017. At that time, complainants were informed of their right, if they were dissatisfied with the FCA s decision, to refer their complaint to the Office of the Complaints Commissioner.