Source · Select Committees · Treasury Committee
Recommendation 12
12
Paragraph: 93
The “halo effect” appears to be inevitable as long as authorised firms also carry out...
Recommendation
The “halo effect” appears to be inevitable as long as authorised firms also carry out unregulated activities. We reiterate the recommendation made by our predecessors that the FCA should ensure that it requires authorised firms to make clear explicitly the risks to customers associated with their unregulated activities.
Paragraph Reference:
93
Government Response
A response document is linked to this report, dated 13 September 2021. Response attribution to this recommendation has not been verified. Read the response document ↗