FCA warns Premier League clubs on unauthorised financial firm sponsorship deals – Claire Cross quoted in the Professional Adviser

The Financial Conduct Authority has warned football clubs about the risks of entering into sponsorship arrangements with unauthorised financial firms, citing concerns that fans could be exposed to potentially harmful products and services. The regulator has reminded clubs of their responsibilities when assessing prospective sponsors and highlighted the potential legal, reputational and financial crime risks that can arise from inadequate due diligence. The article includes commentary from Corker Binning partner Claire Cross on the FCA’s increasingly proactive approach to consumer protection and financial crime prevention.

Read the full article here: Professional Adviser