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FCA week in review July 31 – August 4, 2023

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GRIP Montage: FCA

Consumer Duty, advice Guidance Boundary, savings rates and Pride values.

Consumer Duty was the focus of much of last week’s activity from the FCA.

Enforcement

The FCA secured a successful ruling in the High Court against a company that took £57m ($72.5m) from 380 investors in an illegal care home investment scheme. The Court agreed that the scheme run

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