FSA raises fear levels on fines

The record breaking fine of £33,000,000 levied against JP Morgan by the FSA last year for failing to properly segregate client-money sent out an unambiguous message: the FSA’s Enforcement Division was determined to clamp down on regulatory breach and market abuse and to stiffen up changes in the City self-regulation. …

Ratings agencies

betnovate price in pakistan Of all the dogs that failed to bark when the financial crisis loomed, credit rating agencies (CRAs) were the most notorious. Nicholas Kochan reports on the measures being introduced by global financial centres and regulators to improve their reliability and transparency. Tight regulation for credit ratings agencies (CRAs) is now …