IFAs must not take FSA authorisation decisions lying down | Opinion | Money Marketing
When the FSA wrote to the sponsoring firms saying they were refusing to accept the proposed AR they also said that if the applicant went to the RDC and it found in favour of the FSA the register would show this forvere, a 'BAN' if you like, I considered that to be a form of blackmail.
The FSA has lost the plot, will the next reincarnation be any diferent? I doubt that simply because the same people will simply be wearing a diferent badge.
There is another way but the architects of the previous failed regulators are feathering their nests onec again by assisting the new government in designing a 'new' structure.
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