FSA fines to treble in crackdown on rule breakers


FSA fines could treble in size to act as a ‘credible' deterrent to firms who breach the rules.

The regulator says it wants to create a consistent and transparent framework for calculating penalties, and ensure firms do not profit from wrongdoing. In May this year, chief executive Hector Sants...

To continue reading this article...

Join Professional Adviser


  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
 Be the first to hear about our events and awards programmes.



Already a Professional Adviser member?


More on Regulation