FSA granted additional powers to punish white collar crime


A raft of new measures designed to give regulators more power in tackling city crime are to be unveiled in the Queen's Speech this week.

The FT reports Chancellor Alistair Darling will propose strengthening the FSA's power to punish individuals and banks which break the rules, including imposing suspensions on certain forms of business,...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week