News review: February - FSA regulatory takeover put back

Intermediaries found out the definitive timetable for the regulationof the non-life sector by the Financial Services Authority (FSA), whichgave the sector extra time to become compliant.

The timetable was revealed by Financial Secretary to the Treasury RuthKelly in a letter to the chief executive of the General InsuranceStandards Council. It envisaged the FSA taking over the regulation ofgeneral insurance on January 14, 2005.

In her letter, Ms Kelly outlined a timetable that saw the regulation

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 [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: