The FCA has today announced that Sheree Howard has been appointed as executive director of risk and compliance oversight (R&CO).

The FCA has revealed there were 1,750 whistleblowing allegations in its Annual Report and Accounts, which were published today.

The Personal Finance Society (PFS) has backed comments made by Andrew Bailey, chief executive of the FCA, and Charles Randell, chairman of the FCA about the need to simplify the parameter between regulated and unregulated activity.

The FCA has confirmed that it has begun an investigation into events leading up to the suspension of the Woodford Equity Income Fund (WEIF).