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Small companies offered regulatory olive branch

Trade and Industry Minister Jim Fitzpatrick has laid regulations that could save small financial services companies some £15.25m a year in total.

In an announcement today, Mr Fitzpatrick claimed the regulations will allow more companies to take advantage of accounting and auditing exemptions in the Companies Act 1985.

Small companies do not

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Axa Partners hit with FCA limitations

Following the Which? super complaint, the Financial Conduct Authority has told Axa Partners UK it cannot grow its current customer base without written permission from the regulator.

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