Brokers warned over client money controls
The financial and insurance consultant Moore Stephens has published a warning to brokers and other intermediaries to check that their systems and controls covering the treatment of client money and meet the regulatory requirements laid down by the Financial Services Authority.
The FSA has recently begun to tighten its regulations with visits to the offices of fifteen intermediaries to review their handling of client money. The results of these findings have been sent to theOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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