TITLE

FSA should have avoided panic over Keydata

PUB. DATE
June 2009
SOURCE
Money Marketing;6/18/2009, p39
SOURCE TYPE
Periodical
DOC. TYPE
Opinion
ABSTRACT
In this article the author discusses the need to properly communicate the insolvency of a financial institution to the advisers and public in Great Britain. It relates that the administration of Keydata Co. has been relayed to a short press release from the Financial Services Authority (FSA) followed by a news from moneymarketing.co.uk. The author questions whether there are legal restraints that hinder the FSA to say or not say with regards to the bankruptcy of Keydata.
ACCESSION #
43089729

 

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