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FCA blames EU rule gaps for Woodford fund liquidity crisis

Published on: 26 June 2019
Published by: Law360
  • FCA blames EU rule gaps for Woodford fund liquidity crisis

Article summary

Law 360, London: The head of the Financial Conduct Authority (FCA) defended the regulator’s handling of cash shortages at Neil Woodford’s £3.7bn ($4.7bn) equity fund, blaming loopholes in EU rules for a liquidity crunch that went unaddressed for weeks. or take a trial to read the full analysis.

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