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Asset Manager To Pay Investors €250M After FCA Probe

Gunnar Larson

8 Aug 2024 8 Aug '24
9:57 a.m.

Asset Manager To Pay Investors €250M After FCA Probe <https://www.law360.co.uk/financial-services-uk/articles/1867187?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-08-08&read_main=1&nlsidx=0&nlaidx=0> By Alex Davidson The Financial Conduct Authority said Wednesday that asset manager H20 AM LLP will pay €250 million ($272 million) to investors unable to gain access to funds since 2020 after the regulator found serious breaches of rules, including a failure to manage conflicts of interest and making false statements. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1867187?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-08-08&read_more=1&nlsidx=0&nlaidx=0> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1867187?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-08-08&read_later=1&nlsidx=0&nlaidx=0>

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