FCA proposes sweeping SM&CR reforms, removing certification requirements for 139,000 employees

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FCA proposes sweeping reforms to SM&CR, removing certification requirements for 139,000 employees. The Finance Magnates financial news review also covers IG's plans to enter prediction markets, OANDA Japan suspending withdrawals after a server attack, and NAGA's declining earnings amid rising marketing costs. FMIQ is now available on the FM Intelligence Portal, enabling users to query seven types of datasets in natural language and receive sourced answers through independent quality checks.