Shipkevich Bitcoin and ICO Attorney
Felix Shipkevich July 27, 2009

Approved persons now likely to include non-executive directors, proprietary traders, persons employed by unregulated parent companies, and others who may exert “significant influence” on the functions of regulated firms, following confirmation of changes outlined in a 12/25/2008 FSA consultation paper. The FSA has also extended the reach of the approved persons regime to UK branches of overseas firms based outside the European Economic Area.

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