Money Laundering
TOPIC:
Globalisation » Economy » Grey Area » Money Laund.
Category
articles
Date
2009-02-26
Actor
Murphy, Richard
Source
Guardian
Uploaded date
2009-01-01
Uploaded by
Kristian Lund Kofoed
Link
Fit and Proper Persons?
"One of the most basic objectives of regulation in the financial services sector is that consumers be protected from unscrupulous operators. In the parlance of the Financial Services Authority everyone who is regulated must be approved as a "fit and proper" person. You can see the reason: this is the sector where many a con-man has parted the innocent from their money." (Quoted from article)
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