Industry surprise at FSA Bill's early arrival.
The Financial Services and Markets Bill was published last week ahead of forecasts. Less of a surprise were the far-reaching powers given to the new regulator. David Worsfold looks at the details and their implications.
It arrived with an unexpected thud. The Financial Services andMarkets Bill was published last week, right at the death of the
Parliamentary session, making a mockery of all those forecasts of a
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