Dear CEO: Suitability
Findings of FSA review highlight weaknesses among firms in assessing suitability, including inadequate client classification
The Approach of the FCA
FSA paper indicates greater focus on wholesale conduct, enforcement and intervention under new regime
Quarterly Consultation
Proposed changes to the Handbook including greater clarity on ‘Fair, clear and not misleading communications’
Financial Crime Guide
New guidance on financial crime includes reference to new Bribery Act
Money Laundering Review
HM Treasury consulting on changes to the Money Laundering Regulations 2007
FSA Annual Report
The Regulator met 37 of its 41 milestones in the period