Regulated firms to pay for £3.8m FCA report
The cost of the investigation into the Financial Conduct Authority's handling of publicity around a proposed life insurance thematic review is to be borne by the firms it regulates.
The report, published yesterday and authored by Clifford Chance partner Simon Davis, is to cost the regulator £3.8m including VAT.
The cost is broken down to £2.04m to Clifford Chance, £1m to Kingsley
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