Race for regulation
The regulation deadline is getting closer and the final date for the guaranteed on-time processing of applications is now long gone. Liz Booth reports on the latest situation and discovers that those who have not yet acted will be the first to feel the FSA's wrath as the race hots up
The general insurance intermediary deadline for authorisation by the Financial Services Authority (FSA) is creeping ever closer and it will be no time before the January deadline arrives. The FSA has promised that it will process as many applications as possible but also has to temper speed with quality.
As Insurance Age went to press, the FSA reported that by 3 September it had received 6,822 registrations from the mortgage sector to obtain an application pack and 3,950 applications for
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