Our regular roundup of the latest news and developments from the FCA.
OPBAS
OPBAS says the accountancy and legal sectors make a significant contribution to UK GDP, but there is significant room for improvement in supervision.
Proponents of the announcement believe it will help prevent money laundering; critics argue the FCA may not have the capacity to do a supervisory job.
Our at-a-glance guide to recent FCA activity.
Inconsistency and absence of timely action among the key faults identified by OPBAS in survey of Professional Body Supervisors.