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Article: FEATURE: Caution is the watchword.
- Article from:
- Mortgage Strategy
- Article date:
- March 2, 2009
CopyrightCOPYRIGHT 2009 Centaur Communications Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Tracy Harvey-Bussell Business relations consultant The Consulting Consortium
Helicopters, offshore honey pots, Sir Allen Stanford, Bernard Madoff, mortgage fraud, self-cert, boiler rooms and market abuse have all contributed to making the financial services sector an exciting place to work in recent years. But now the Financial Services Authority is determined to clean it up, with criminal prosecution firmly in its armoury.
How does this affect high street mortgage brokers and IFAs? The shift in emphasis towards criminal proceedings could affect their personal right to remain silent and potentially puts them on a collision course with the ...