Compliance Monitor
Temporary minibonds ban expected to be made permanent
By Neasa MacErlean
The FCA’s 12-month ban on “the mass marketing of speculative minibonds to retail customers” looks likely to be made permanent.
In launching the move, the regulator said it will consult on permanent rules in H1 2020, with the expectation that “the temporary
rules, or similar measures, [become] permanent”.