With Edmund Sautter, Stephen Woodward
In its Policy Statement 04/6 (published on 22 March 2004), the FSA has set out the regulatory provisions by which it intends to ensure that senior managers within regulated firms will manage conflicts of interest arising as a result of the production of investment research. The provisions will come into force on 1 July 2004, but firms will need to take preparatory steps before that date in order to ensure that their systems, controls and procedures are compliant.