BANKING Treasury Committee chair responds to BoE conflicts of interest report
The Treasury Committee has issued a press release responding to BoE conflicts of interest report. In the press release, Nicky Morgan, chair of the Treasury Committee, has said it was right that the Bank commissioned the report in light of the resignation of Charlotte Hogg in March 2017.
Treasury Committee, 9 August 2017
INSURANCE HM Treasury publishes Insurance Fraud Taskforce report
HM Treasury has published a report on the progress made during 2016 on the 26 recommendations put forward by the Insurance Fraud Taskforce (IFT) to reduce the level of insurance fraud. The IFT was set up to investigate the causes of fraudulent behaviour and recommend solutions, in order to lower costs and protect the interests of consumers. HM Treasury, 9 August 2017
INVESTMENTS AND FUNDS FCA study examines investment platform best buy lists
The FCA has published an occasional paper on the drivers, impact and performance of investment platforms’ ‘best buy lists’. The study finds that while such lists outperform non-best buy list funds overall, affiliated funds included in best buy lists on average do not.
FCA, 9 August 2017