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UK FSA’s Enforcement Spending Falls by £2.7m; Penalties Fall by £10.2m

According to the UK’s Financial Services Authority (FSA) annual report, covering 1 April 2007 through 31 March 2008, the regulator levied £4.45 million in financial penalties during the year, down from £14.66 million the year before. Enforcement costs were also lower, coming in at £29.4 million versus £32.1 million the year before.



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