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.’
Mark McMullen joins the private client services team from Smith & Williamson
Merger between Clear & Lane Chartered Accountants and Magma Chartered Accountants was finalised on 3 February
BDO has taken its new partner intake to 23 during the first half of its financial year, including the appointment of five partners in five weeks
The firm reports 7.6% global fee income growth for the year ending 31 December 2016