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CIR Magazine, 10th November 2011: FSA fines Coutts £6.3m

Coutts’ penalty comes just two weeks after the City watchdog – which in 2010 meted out record fines totalling a staggering £89.3m – hit the UK arm of a global financial services firm with a £5.95m fine relating to the sale of complex financial products," says Gabby Stephenson, compliance analyst UK for Wolters Kluwer Financial Services.

Read the full article here courtesy of CIR Magazine »