FSA chiefs claimed over £60K in expenses last year
Financial Services Authority (FSA) bosses Hector Sants, Adair Turner and Margaret Cole claimed over £60,000 of expenses in 2010.
Following a freedom of information request by Citywire, the regulator revealed that FSA chairman Adair Turner topped the bill with a £42,479 expenses claim, including a £5,147 roundtrip from London to Toronto and a stay at a £400-per-night hotel in Seoul, South Korea.
FSA chief executive Hector Sants claimed for £23,516 of expenses over the year, including a £506.93 bill for transfers from his hotel in New York to meetings and JFK Airport plus a £230-per-night hotel in New York.
Interim conduct
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