FCA ends 3-year investigation into Revolution Beauty

Revolution Beauty investigation closed by UK financial watchdog

Three years after launching a probe into cosmetics company Revolution Beauty, the UK’s Financial Conduct Authority is taking no further action

FCA ends 3-year investigation into Revolution Beauty

The Financial Conduct Authority had ended its three-year investigation into Revolution Beauty Group. The regulator said it would take no action against the AIM-listed beauty brand, which it was probing over potential market abuse – examining events and accounting issues that took place between July 2021 and September 2022. It previously discontinued a probe into co-founders Adam Minto and Tom Allsworth, who recently returned to the business. It …

Revolution Beauty shares glitter after it emerges from FCA probe

London-listed cosmetics firm Revolution Beauty told investors this morning that it is no longer under investigation by the City’s main market watchdog.  The Financial Conduct Authority has notified the firm that it will “take no further action”, meaning the probe was over, Revolution said in an announcement to the stock exchange.  The FCA’s scrutiny of the Camden-based company began in July 2023. It covered Revolution’s founders, Adam Minto and …