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GAAP.RUNewsFSA getting tougher on financial companies

FSA getting tougher on financial companies

Publication date: 2 March 2010

The Financial Services Authority (FSA) of Great Britain is getting tougher with financial regulation: for various violations committed, fines may be increased in three times, reaching 20% of annual revenue for legal entities and 40% of annual income for private individuals.

The Financial Services Authority (FSA) of Great Britain is getting tougher with financial regulation: for various violations of the financial law, fines may be increased in three times, reaching 20% of annual revenue for legal entities and 40% of annual income for private individuals.