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Accountant warns of more BSPs to come

London-based chartered accountant CLB Littlejohn Frazer is warning of more trials and tribulations a...

London-based chartered accountant CLB Littlejohn Frazer is warning of more trials and tribulations ahead as a result of Financial Services Authority accounting regulation.

Citing BPS Insure - which went into administration before being rescued by Towergate - CLB, which is based in Canary Wharf, warned: "One thing is certain, firms have not been subjected to this level of scrutiny for years and we can expect similar cases in the months ahead."

The warning comes ahead of impending Arrow visits

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