4TEUS Solutions | April 2018

09Apr2018: News : FCA publishes its Business Plan for 2018/19

The FCA has published its Business Plan for 2018/19 which sets its key priorities for the coming year. Read further details here.

09Apr2018: Blog : Hairless Apes & Spreadsheets

“Spreadsheets plus human error can add up to disaster” ran a headline in The Times (April 9, 2018). It transpired that the collapse of Conviviality, where Bargain Booze and Wine Rack had lost £500m in three weeks, was down to human error or as they called it, an “arithmetic error” where someone had entered an

05Apr2018: News : FCA publishes consultation paper CP18/9 regarding improving the competition in the UK’s asset management industry

The FCA has published the latest step (Consultation Paper CP18/9) in its response to the concerns identified through its asset management market study, as part of a package of remedies to ensure fund managers compete on the value they deliver and continue to act on the best interests of their customers. Read further details here.