The UK Financial Services Authority has hardened its enforcement strategy over the last two years, but when a few record cases are set aside the average fine imposed by the regulator against firms has actually fallen, according to a new analysis. The total fines issued by the FSA rose to £98.6 million in the 2010/2011 […]

Smaller Business Practitioner Panel strengthened to help represent the compliance plights of small financial services businesses. The Smaller Business Practitioner Panel will receive beefed-up powers to help smaller financial services businesses deal with what the Financial Services Authority admits are sometimes “disproportionate” compliance demands. In the business plan for the Financial Conduct Authority, the FSA […]