The FCA analyses the data, from 1 April 2022 – 30 June 2022, resulting from action it has taken against authorised firms breaching financial promotion rules and referrals, and investigations into unregulated activity.
The data the FCA gathers means it can monitor developments in the market, get insights into sectors it has concerns about and act to prevent consumers from harm.
The latest data shows the FCA reviewed 451 financial adverts relating to authorised firms, and its engagement resulted in 374 promotions being amended or withdrawn. Retail investments and retail lending are the sectors with the highest amend/withdraw outcomes, amounting to 83% of the FCA's interventions with authorised firms.
