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Government rebrands broker regulator before launch

Mark Hoban MP 210110

The government is to rename the Consumer Protection and Markets Authority as the Financial Conduct Authority and give it the power to ban products or limit their distribution for up to 12 months.

In an interview with the Financial Times, Mr Hoban said: “UK financial watchdogs will be able to “ban retail products and warn investors about pending enforcement actions when the Financial Services

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