Summary
The Financial Services Authority has fined Towry, the UK's biggest independent financial adviser, pound(s)494,000 for providing misleading information to the FSA and for client money breaches.
Towry, which has a turnover of pound(s)80 million and employs 800, had told the regulator that its client money practices were fully compliant with FSA rules, but was found last November not to have maintained adequate records.See the full content of this document
Extract
Towry Hit with Fsa Fine
Andrew Fi...
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