Woodford inquiry won''t report this year says FCA The official Inquiry into the collapse of Woodford Equity Income Fund will not report this year, the FCA chief executive has said. In a letter to the head of the Treasury Committee, Nikhil Rathi, the FCAs chief executive, said that the investigation had made substantial progress and that he was confident the investigation work will be completed by the end of this year. However, Rathi added while current lines of enquiries were nearly complete, further steps will be needed with the possibility of re-interviewing witnesses that might give rise to additional lines of enquiry. For the reasons set out above, I am unable to give a precise timeline for any public indication of the outcome. To date, we have conducted 14 witness interviews, with all key interviews now having been completed," said the letter. The investigation team has also issued over 30 information requirements which have led to the gathering of over 20, 000 items of relevant material from all the key parties. I appreciate it may be frustrating that I am unable to provide further details regarding the investigation.