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0 0 0.00282123621441406 0.00316320424040356 0.0139351970590751 0.00846370864324193 -0.00162434812345044 -0.00162434812345044
Stock impact report

UK's FCA caps Markerstudy growth over governance weaknesses [Yahoo! Finance]

The Carlyle Group Inc. (CG) 
Last the carlyle group inc. earnings: 4/30 06:40 am Check Earnings Report
US:NASDAQ Investor Relations: ir.carlyle.com
Company Research Source: Yahoo! Finance
The action follows concerns about shortcomings in leadership structures, governance and internal financial controls, issues that have reportedly arisen from the UK-based company's acquisition strategy. The FCA's measures include capping both customer numbers and capital levels within Markerstudy's UK operations. These constraints will remain until the identified governance and control issues are addressed to the regulator's satisfaction, as per the report. The latest restrictions were introduced as voluntary agreements recorded on the FCA's public register, specifying that regulated entities must not increase their customer policy count or alter agreed-upon capital levels without explicit regulatory approval. In an e-mailed statement to Life Insurance International , a spokesperson for Markerstudy said: “Markerstudy has grown strongly in recent years and we maintain a close and collaborative dialogue with the regulators, part of which is agreeing appropriate levels of growth. Show less Read more
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