Re: Well, there goes their FSA license
Do you mean FCA?
Execution of trades and trading environments are much more tightly regulated than nearly every other environment. Rightly so (see LIBOR) but that hardly applies to some accountants and tax specialists.
Confusion as to what’s a “record” and needs to be kept, retained, protected and what’s ephemeral. The choice on that can be left down to original corps. Trading houses retain everything not just because FCA says “please” but for their own compliance. (Are you gambling with more than your limits and colluding)
Biting the hand that feeds IT
