City staff are in danger of prison and heavy fines
Thousands of City staff are in danger of prison and heavy fines by unknowingly breaching financial s...
Thousands of City staff are in danger of prison and heavy fines by unknowingly breaching financial services laws, according to a recent survey. The 2004 Wide Learning Survey of Financial Services Compliance Training found 11% are unaware they are covered by the Financial Services Authority (FSA) and 28% are unsure of regulatory duties. 37% have never been trained or have received very little training on compliance. Even in key areas such as anti-money laundering and the Financial Services and
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