Shock waves from the FSA

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Ben Goh , managing director of Financial Services Compliance Ltd, considers the implications of the resignation of FSA CEO John Tiner...

TALK of starting 2007 with a bang. You could not ask for a bigger or better bang than the shock resignation of John Tiner as chief executive of the FSA. He is formally stepping down in July but remains an FSA employee for a further six months after that. This is to ensure that any sensitive inside knowledge of FSA's workings and policy developments cannot be used by a new employer to gain an immediate advantage. Being CEO of the FSA is no easy task. It is far easier to criticise and commentators should ask themselves whether they personally could have done any better in that role. We ...

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