Opinion: FCA aviation investigation
I don't know the full details of the FCA investigation into the
major aviation brokers that we revealed last week, and they are
being guarded very closely.
It is my strong understanding that breaches of client
confidentiality are being looked at.
But some of the wilder rumours in the market that price-fixing
and bid-rigging are being investigated are difficult to credit
until very strong supporting evidence is produced.
They just feel wrong.
On the suggestion that brokers had been colluding...
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