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Financial services firms must inform UK FCA of regulatory changes or face action, watchdog says

( January 18, 2021, 10:15 GMT | Official Statement) -- MLex Summary: Financial services companies should regularly check their regulatory permissions and inform the UK Financial Conduct Authority of any material changes, the watchdog said today. New post-Brexit powers for the FCA will allow it to cancel a company’s regulatory permissions if it is suspicious the firm isn't carrying out any regulated activity, in order to clamp down on scams.The statement follows...

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