Thursday, Nov 26, 2009

Fine them and hire them

Moneymarketing: FSA hires Nomura chairman as adviser days after £1.75m fine

The FSA has appointed Nomura chairman Colin Marshall as a senior adviser on corporate governance just two days after it fined the firm £1.75m for systems and controls failings. The appointment is one of five senior advisers the FSA has appointed to work on governance and authorisation under its new intensive supervision of significant influence functions within firms. They include an adviser to recently-fined UBS, a director of Carphone Warehouse, which was fined by the FSA in 2006, and an adviser to Morgan Stanley, which was fined earlier this year.

Posted by jack c @ 12:34 PM (671 views)
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1 Comment

1. alan said...

Poacher turned gamekeeper or fox in the henhouse?

You decide.

Thursday, November 26, 2009 01:36PM Report Comment

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