FSA-Authorised Asset Managers Required to Attest Compliance With Conflicts of Interest Rules

November 23, 2012

The FSA has issued a ‘Dear CEO’ Paper titled “Conflicts of interest between asset managers and their customers: Identifying and mitigating the risks,” which summarises the outcome of a themed review of asset managers’ arrangements for managing conflicts of interest. The Paper has been posted on the website as a general FSA document. However, those firms which receive a hard copy of the ‘Dear CEO’ covering letter to the Paper are expected to attest to the FSA by 28 February 2013 as follows in this update.

Read “FSA-Authorised Asset Managers Required to Attest Compliance With Conflicts of Interest Rules.”