Finance directors at small companies could be targeted by City watchdog the
Financial Services Authority as part of its
enforcement regime for treating customers fairly (TCF).
The FSA announced that it would be targeting ‘senior managers at small
head of retail enforcement Jonathan Phelan said that the increased scrutiny
of both firms and individuals was designed to reinforce the importance of senior
The warning comes just weeks before the March final deadline for TCF
Phelan said: ‘Even within small firms, senior managers bear the
responsibility for making sure the outcomes are the right ones for consumers.
They’ve got to make sure their firm is run properly, with proper controls, to
ensure customers are treated fairly.’
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal
UK senior partner Phil Verity has been elected for a second term at Mazars