FCA has never rejected a fund launch application

No rejected applications since the regulator came into force in 2013

Lauren Mason
clock • 1 min read
FCA has never rejected a fund launch application

The Financial Conduct Authority (FCA) has never rejected an application to launch a fund, a freedom of information (FoI) request from Professional Pensions' sister title shows.

The regulatory body - which first came into force in April 2013 -  told Investment Week that it has not "formally refused any new scheme authorisation applications" in any given year since inceptio...

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