FCA's Powers Flashcards
1
Q
1
A
Competition powers - to open up competition, carry out market studies and make referrals to the CMA
2
Q
2
A
Product intervention powers - to ban or restrict financial products
3
Q
3
A
Power of disclosure - to publish details of warning notices issued and disciplinary action taken
4
Q
4
A
Power to take formal action against misleading financial promotions
