The FSA is looking to change the way in which it handles its supervisory visits to IFA offices but w...
The FSA is looking to change the way in which it handles its supervisory visits to IFA offices but warns this does not mean it will ease its requirements for firms. Speaking at the Aifa conference in London last week, Michael Folger, director of investment business at the FSA, said the authority may look to cut down on its visits to firms and move to more 'desk-based' supervision. Folger, whose responsibilities include the supervision of some 6,000 investment firms including IFAs, said the authority is looking to shift away from going back several times to a company if there is a problem,...
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