UK FSA to Review Industry Guidance Proposal

London - UK regulator the Financial Services Authority (FSA) has agreed to review JWG-IT's formal industry guidance draft brief defining the practices firms need to adopt to comply with regulatory initiatives that cover customer data, a move some industry participants see as a step towards self-regulation.

The think-tank will submit a formal industry guidance draft brief to the FSA in February 2009, with the aim of these guidelines achieving FSA Sturdy Breakwater status.

JWG-IT has completed the

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