The FSA has published its Business Plan for 2010/11 which sets out its work programme and priorities for the coming year, as well as the implications for the FSA’s budget. There are few surprises, a key points concerning Financial crime is summarised below.
Financial crime – the FSA will focus on
- market abuse/insider dealing;
- systems to prevent bribery/corruption,
- systems to prevent money laundering,
- mortgage fraud and
- The FSA will extend its review of anti-bribery controls from commercial insurers to investment banks.
Copies of the Business Plan 2010/11; and related press release are available.
http://www.fsa.gov.uk/pubs/plan/pb2010_11.pdf
http://www.fsa.gov.uk/pages/library/communication/pr/2010/048.shtml
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