From my understanding, UK Private Equity industry is less stringently regulated by FCA vs banks. In case of an FCA breach, specifically conduct rule 2 (didn't act with sufficient due skill, care and diligence), how difficult will it be to get a job in PE in the UK? Is It a major obstacle? Did anyone have experience?
Oct 23, 2020
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Comments (3)
The Buyside is regulated by an entity called Raymond James. It is incredibly challenging to get a job there without a breach, would imagine it would be impossible with one. I've been trying to exit with my skills to RayJ for years. Best of luck.
I believe all PE firms do a FCA check in which case it'll show up...but really depends upon how badly one screwed up. What's bothering you?
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