Analysis: Under review
The Financial Services Authority is set to overhaul its enforcement processes after a tribunal criticised its approach to the now famous Legal & General case. Judith Seddon looks at the consequences the review may have, and asks who guards the guardians?
The Financial Services Authority (FSA) has a lot on its plate. Three years after it was set up by an Act of Parliament, the City watchdog has announced a major review of its enforcement processes, trig-gered by high-profile criticism of the way it does its job.
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