The Financial Conduct Authority (FCA) has called on firms to do more to prevent fraud in the UK.
This call was delivered at wealth management lobby group PIMFA’s Financial Crime Conference yesterday (18/05/2023).
Opening the conference, Nick Hulme, head of department (advisers, wealth and pensions) at the FCA, said prevention of financial crime was one of regulator's most important commitments.
"We want to make the UK a hostile environment to financial criminals," he said, as ...
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