Crosstown traffic reaches the FSA
The pool of lawyers at the FSA is viewed by the City's top regulatory practices as a rich recruiting ground to give clients the edge in dealing with the City regulator. Sophie Evans reports
More than seven years after the Financial Services Authority (FSA) was created by the Government, the chief City regulator has seen a steady flow of its litigators leaving to go back to private practice. In fact, the flow of lawyers from the FSA’s enforcement division back to law firms and chambers, as well as to in-house legal departments, is becoming a well-trodden path.
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