FSA on tour


In early October 2011, letters began to arrive at regulated firms in the North West, inviting them to a Business Risk Awareness Workshop. The intention was said to be in preparation for a regulatory review to be undertaken from February this year.

Initially, it was thought that these were selective invitations but from subsequent comment from the Financial Services Authority (FSA), it soon became apparent that they intended to “engage” with all regulated firms in the region (with the exception o