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By Lars Mucklejohn There has been a sharp rise in non-financial misconduct at firms, according to a survey by the City regulator, but strikingly, the data revealed these companies took no action in more than half of investigations. The Financial Conduct Authority (FCA) hailed its survey of more than 1,000 companies as a “significant step” to understand the scope of the issue and help firms benchmark themselves against peers. Between 2021 and 2023, reports among surveyed UK wholesale banks, brokers, insurers and market intermediaries rose from 1,363 to 2,347. Reports jumped 41 per cent to 2,347…

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