A bitter pill to swallow
The Financial Services Authority's (FSA) latest dose of regulation arrived last year in the form of Treating Customers Fairly (TCF), with firms expected to be at the implementation stage of compliance by March 2007. However, unlike previous prescriptive regulation, TCF is at the vanguard of the FSA's drive to implement a more principles-based approach to compliance.
The requirement for firms to treat their customers fairly is firmly rooted in the FSA's Principles for Businesses. Principle 6 s
More on Regulation
POLL: COMPLAINTS ABOUT INSURANCE ADVERTS
Most read
- Losses bite at Ageas Retail after Kwik Fit closure
- David Charles steps down as head of PIB-owned Cooke & Mason
- New motor fleet MGA launched
- Lark boosts profit ahead of Aston Scott merger
- Ageas teams up with CDL on Flood Re solution
- Meet the Leeds Expo panellists: Simon Mabb
- Verisk to buy Sequel for £250m
Back to Top