This is a personal blog by Cliff Weight, ShareSoc Director and does not necessarily reflect the views of ShareSoc.
This is so shocking that I am simply blogging the FRC announcement.
My only comment is to highlight the glacial speed of such investigations. It has taken 10 years to get this far. The deterrent value of the £13 million fine would have had far more impact if the case had been concluded in two years!
ShareSoc continues to lobby the FRC, FCA, ...