Capital adequacy requirements delayed by one year | News | Money Marketing#commentsubmitted#commentsubmitted#commentsubmitted#commentsubmitted#commentsubmitted#commentsubmitted#commentsubmitted#commentsubmitted: "The FSA says higher capital resources will enable firms to provide redress for consumers and limit the compensation due from the Financial Services Compensation Scheme in the event that a firm is wound up."
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This must have been dreamed up an accountant! One without any insolvency experience at that!!
Give me strength.....
How can a higher capital can provide
ReplyDeletea redress as the consumers want more
profit from there firm and they will do anything for it.
IFA Marketing