FSA puts management under spotlight
The Financial Services Authority will visit a third of financial services firms to assess their leve...
The Financial Services Authority will visit a third of financial services firms to assess their levels of progress in meeting the new Treating Customers Fairly initiative targets.
The drive to reach the new targets, which are required to be fully demonstrable by December 2008, has led to the FSA setting up the scheme that will see the watchdog choose companies on the basis of risk.
The firms' managers will be required to show that they have maintained adequate records on all schemes designed to
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