Final Rules: but the uncertainty continues ..

So, batten down the hatches - the Financial Services Authority (FSA) has finally nailed its colours to the mast and published its Final Rules. Whatever difficulties they may contain, at least now we'll have a comprehensive set of guidelines to follow ... Well, no - not exactly.

After months and months of waiting - and numerous Consultation Papers - the rules on segregation of clients' accounts have been hijacked by the lawyers at the last minute. Now confusion reigns, as Biba seeks legal advice

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