FSA sets up new reporting system to avoid fraud
The Financial Services Authority (FSA) has set-up a reporting system designed to reduce the level of...
The Financial Services Authority (FSA) has set-up a reporting system designed to reduce the level of financial crime in the insurance industry. Under the new system, insurance firms and brokers are being called upon to inform the FSA when they suspect criminal behaviour, so that the FSA can decide whether it needs to investigate further.
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