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FCA reports a busy year

Photo: Russell Boyce, Reuters

The financial regulator has clamped down on more misleading adverts, issued more warnings and placed twice as many restrictions on firms in 2022.

The FCA has been flexing its muscles this year, taking a more active stance to compliance than it has in previous years.

In April, the regulator set out a new three-year strategy, designed to improve outcomes for consumers and markets in three focus areas:  

  • reducing and preventing serious harm;