Brokers face 'worst FSA headache yet'
New Retail Mediation Activities Return causing major headache for brokers, says expert
The Financial Services Authority's (FSA) new Retail Mediation Activities Return (RMAR), which requires significantly enhanced financial information and reporting, is an area now causing the biggest headache for the average broker, according to experts.
Compliance.co.uk said that prior to regulation, most emphasis was placed upon procedural rules but now there was a switch to integration with financial monitoring.
"Most brokers will be reliant upon their accountants to produce their accounts and I
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