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FCA challenges more financial promotions than ever in third quarter

FCA building
Photo: FCA

Martin Cloake

1 min read
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UK regulator reports rise in interventions across retail lending, investment and banking sectors.

A total of 4,151 financial promotions were subject to intervention by the UK Financial Conduct Authority (FCA) between July and September, according to Q3 data published by the regulator. That’s the highest quarterly figure since it started publishing data.

Some 95% of amendments or withdrawals occurred in the retail lending,

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