FSA credit for Gisc members

The head of the Financial Services Authority (FSA)'s insurancedivision has spelt out why continued membership of the General InsuranceStandards Council (Gisc) will be a major plus when it comes to compliancewith the statutory regime due to come into force next year.

For the first time, it has been confirmed that those firms that aremembers of the Gisc will receive additional credit when it comes to thenew FSA regulatory process. John Tiner, managing director of the FSA'sconsumer, investment

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