The Financial Conduct Authority's (FCA) independent arbitration panel, the regulatory decisions committee (RDC), saw case referrals jump by two-thirds (65%) in 2017.
According to data collected by legal advice firm Cleveland & Co, 476 cases were referred to the RDC in 2017, up from 289 in 2016. The RDC makes certain decisions on behalf of the FCA relating to enforcement and supervisory actions for firms, as well as firm authorisations. The RDC is the final stage of decision making for the FCA, and decides on warning notices including those for financial penalties, suspensions, and public censures. Cleveland & Co said the jump in referrals suggested an...
According to British Social Attitudes Survey
Research by Canada Life suggests
Financial resilience and mental health
For large corporates