The UK’s Financial Conduct Authority is paying for ads on Google to warn consumers not to invest in risky or unauthorized companies, FCA chief executive officer Andrew Bailey said in a hearing with lawmakers today. Bailey said the regulator has been in discussions with Google “for some time now” about
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Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.