Article summary
The Financial Conduct Authority (FCA) has published information on the number of skilled persons reports it commissioned in Q4 2023/24. The FCA commissioned 27 reports over the period, with the largest number concerning the retail investments sector (10) followed by wholesale financial markets (7). The majority of reports commissioned related to controls and risk management frameworks (12); governance and individual accountability (6) and financial crime (5). 26 out of the 27 reports related to portfolio supervision firms, with just one involving a dedicated supervision firm.
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