An open letter to Gordon Brown

Rt Hon. Gordon Brown, MP, Chancellor of the Exchequer, HM Treasury Dear Chancellor With regard to ...

Rt Hon. Gordon Brown, MP, Chancellor of the Exchequer, HM Treasury

Dear Chancellor

With regard to the implementation of the Insurance Mediation Directive, I am writing to you to express my deep concern at the likely impact of the UK's approach to implementing one aspect of the Directive.

I am very concerned at the impact that the Financial Services Authority's approach will have both on our members and on consumers and business users of their services.

A great amount of regulation, which will be

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Biba 2024: FCA to take its time on transparency proposals

Emily Shepperd, chief operating officer of the Financial Conduct Authority, has said the regulator was “overwhelmed” at the response and amount of feedback to its transparency proposals, and that it is going to “really take our time” when considering any possible next steps.

FCA warns on Tempcover clone

The Financial Conduct Authority has issued a warning of fraudsters trying to scam people by pretending to be short-term car insurance specialist broker Tempcover including on TikTok.