FSA Compliance News

Base Rate remains on hold

Posted by Admin on 2011-04-07 12:37:12 BST

The Bank of England MPC has announced that base rate will remain at 0.5% - at least for one more month. Higher than expected inflation figures last month and a number of indicators suggesting that the economy was beginning to recover more strongly had pushed the case for rate rises, but events in the last few days have suggested that the economy may not be able to stomach a rise just yet!

New FSA Client Money Rules Announced

Posted by Admin on 2011-04-01 17:29:26 BST

Following on work which highlighted the shortcomings in current auditing practices involving client money the FSA has announced additional requirements which will take effect from 1st June 2011.