The watchdog is expected to admit its focus on customer protection and other
‘conduct of business’ issues may have been at the expense of some prudential
duties, overseeing the viability of banks’ business models, the Financial
The FSA has started to put through some changes, which include the
development of a new risk management team headed by risk expert Colin Lawrence.
More appointments are likely for the new team, the role of which will be to
provide expertise and support to the front-line supervisory teams and more
detailed examination of banks’ risk models.
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.