“MPs are to investigate whether ministers leant on the Financial Conduct Authority to relax stock market regulations in order to entice Saudi Aramco to choose London for its listing”
Government double-standards when it comes to doing deals are nothing new so it should be no surprise that we’re more than happy to bend over backwards for a country which still carries out public crucifixions.
But we financial advisers spend hours fretting over the wording of our advice suitability reports and making sure files are in date order in case the FCA come calling. So I hope, in this case, the regulators hang tough.
