Regulatory Fees and Levies for 2012/13
FSA’s overall Annual Funding Requirement to increase by 11.9%
UCIS Marketing Woes
FSA fines director £60k for failings in relation to promotion of UCIS and prohibits him from continuing as an approved person
Prospectus & Transparency Update
FSA and HM Treasury publish near-final rules which will result in changes to the PR and DTR modules of the FSA Handbook
Money Laundering Failings
Action taken against firm and MLRO for failings including inadequate review of AML systems and controls and poor record keeping of staff AML training
Cookies
New legislation in force governing use of cookies in firms’ websites