Summary
UNDER the guidance of enforcement director Margaret Coles, the Financial Services Authority has been struggling to establish itself as a tougher regulator.
It has brought more than 240 cases in the year ending in April 2009 but penalties rarely seem to fit the crime. In the cases of large financial groups they have been a pinprick compared to the kind of profits these companies generate in good times.See the full content of this document
Extract
Fine Time ; Comment
So it is good that the ...
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