Financial Regulatory Forum

Firms must prepare for UK approved persons grilling

By Guest Contributor
May 31, 2011

Joanne Wallen

LONDON, May 31 (ThomsonReuters Accelus)

Corporate executives and directors in Britain must be prepared for increasingly rigorous interviews by the Financial Services Authority to be accepted as “approved persons” eligible to hold positions of significant responsibility in their firms.

U.K. poised to revive panel to vet bank directors – FT

By Reuters Staff
October 2, 2009

LONDON, Oct 2 (Reuters) – The UK’s Financial Services Authority aims to have a regulatory committee operating by the end of the year to vet the appointment of directors to Britain’s banks, the Financial Times reported in its Friday edition.