Tom has a portfolio of UK shares. What type of risk is Tom LEAST likely to face?
The correct answer is d: Credit risk.
2017 FCA review
58% of files in small independent firms were deemed by the FCA in their report in 2017 to have submitted unacceptable disclosure (31% in networks) to their customers.(section 4.6)
Message of the day:
Make sure you land on the right section of the venn diagram when the FCA follow up review comes later this year.