Regulation and small brokers Q&A
A year has now passed since the onset of Financial Services Authority (FSA) regulation. The switch f...
A year has now passed since the onset of Financial Services Authority (FSA) regulation. The switch from the General Insurance Standards Council meant intermediaries were forced to implement changes to previously accepted standards. Many of the large and medium-sized brokerages introduced compliance teams to ensure they complied with the new regime. However, for most small high street brokers, the responsibility rested solely on their shoulders. So, one year on, how have the smaller
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