KPMG, Peregrine team up on UK N2 services


LONDON -- Professional services firm KPMG and software provider Peregrine Systems said in February that they had formed an alliance to help financial services firms with IT management under the UK financial regulators’ so-called N2 regime.

Firms regulated by the Financial Services Authority (FSA), Britain’s principal financial watchdog, are required under the N2 regime to allot responsibility for all significant risks within the business to specific directors.

The FSA also expects the risks to be

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