Increased FSA scrutiny shows it means business
The Financial Services Authority (FSA) has made it clear that there will be no let up in its hardline approach to financial misconduct with a series of broker bans and an increase in business surveillance
The Financial Services Authority (FSA) has made it clear that there will be no let up in its hardline approach to financial misconduct with a series of broker bans and an increase in business surveillance.
The regulator has sent a letter and report to the chief executives of major insurance brokers, drawing their attention to the regulator's concerns over the handling of clients' money and assets.
It followed an earlier letter sent to firms in March 2009, outlining company obligations and the
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