Called to account

The thorny issue of handling client money is still causing problems and the FSA is threatening to crack down hard on firms that persist in getting it wrong. It is time to read the guidance and get straightened out. Jonathan Drake and Linda O'Tooles explain

The handling of client monies will be one of the Financial Services Authority's highest priorities for the coming year. There are two reasons: firstly, principle 10 of the authority's Principles for

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