Brokers come under IT scrutiny from the FSA
Brokers are being warned that they will come under increased scrutiny from the Financial Services Au...
Brokers are being warned that they will come under increased scrutiny from the Financial Services Authority (FSA) over their IT governance arrangements. The regulator is using its Arrow visits to call on brokers to demonstrate that they have governance arrangements in place, according to consultants KPMG, a warning echoed by a number of specialist software houses.
The ability of brokers to demonstrate they have governance arrangements in place, to help ensure compliance with the full breadth of
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