In April 2008 the FSA published a report titled 'Data Security in Financial Services Firms –- controls to prevent data loss by their employees and third-party suppliers'. This was in the form of a 104 page document describing how financial services firms in the UK are addressing the risk that their customer data may be lost or stolen and then used to commit fraud or other financial crime.

We have reviewed this report and drafted a fourteen point Best Practices guide to help the principals of any firm conduct its business in accordance with the FSA’s Principles for Business – ‘to conduct its business with due skill, care and diligence’ and ‘to take reasonable care to organise and control its affairs responsibly and effectively, with adequate risk management systems’.

Click here to download the Securapro guide to FSA compliance

For more information call 0845 6171819 today!