Advisers expect spike in contentious work as FSA unveils tougher fines
Regulatory lawyers are set to benefit from a dramatic shift in policy from the Financial Services Authority (FSA), which has unveiled plans to triple the level of fines for serious market abuse cases. The FSA this week confirmed that it was introducing the new policy on financial penalties from 6 March, which will include a minimum £100,000 fine for serious regulatory breaches.
Regulatory lawyers are set to benefit from a dramatic shift in policy from the Financial Services Authority (FSA), which has unveiled plans to triple the level of fines for serious market abuse cases.
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