LONDON (Reuters) - Financial advisers accepting free invitations to sports events or dinners risk breaching hospitality rules, Britain's Financial Conduct Authority (FCA) said on Monday.
The FCA has powers to ban or fine individuals working in financial services and wants to ensure that advisers are not swayed by generous hospitality into recommending a particular company's product to their clients.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!