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FCA week in review August 7 – 11, 2023

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GRIP Montage: FCA

Fund manager value assessments, bank account closures and loan fee fraud.

Three major initiatives dominate this week’s roundup as the FCA asks for detail on bank account closures, launches an initiative to prevent loan fee fraud, and publishes the latest review of fund manager’s value assessments.

Enforcement

Notification of two companies going into administration was published; the Hastings and