Senior managers and discipline
Journal of Financial Regulation and Compliance
ISSN: 1358-1988
Article publication date: 1 September 2002
Abstract
The Financial Services and Markets Act 2000 (the Act) establishes extensive investigative powers and disciplinary powers that may be exercised by the Financial Services Authority (FSA) in certain circumstances. The Act further empowers the FSA to take disciplinary action against approved persons, as well as authorised firms. This paper examines the circumstances in which senior managers may find themselves personally culpable for regulatory breaches and become the subject of disciplinary proceedings.
Keywords
Citation
Ryley, P. and Virgo, J. (2002), "Senior managers and discipline", Journal of Financial Regulation and Compliance, Vol. 10 No. 3, pp. 284-289. https://doi.org/10.1108/13581980210810274
Publisher
:MCB UP Ltd
Copyright © 2002, MCB UP Limited