TY  - JOUR
AB  - The Financial Services and Markets Act (FSMA) will have a significant impact on the UK financial services industry, but it is suggested that it will make relatively few changes in relation to retail financial services. The new regime will regulate some additional retail investments, and it is possible that the design of polarisation will be altered. The greatest impact, however, is likely to result from the FSA's emphasis on senior management responsibility, whereby firms' senior management will be held personally liable if the firm fails to discharge the key retail duties such as know your customer and giving suitable advice.
VL  - 8
IS  - 4
SN  - 1358-1988
DO  - 10.1108/eb025055
UR  - https://doi.org/10.1108/eb025055
AU  - Morris Simon
PY  - 2000
Y1  - 2000/01/01
TI  - How the FSMA will impact on retail financial services
T2  - Journal of Financial Regulation and Compliance
PB  - MCB UP Ltd
SP  - 344
EP  - 348
Y2  - 2024/04/18
ER  -