Firms’ misdemeanours keep FSA in the money

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We have seen UK Financial Services Authority (FSA) fines steadily tick along in the first quarter of 2011 to just slightly under £14 million. The total number of fines issued by the FSA, since its records began, has now reached a staggering £239.8 million. Last year was no doubt an amazing year for the FSA’s bank balance and it will be interesting to see what it does with the rewards of its enforcement actions, especially as the UK edges closer to the

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