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Polly had an email from a disgruntled broker this month venting his spleen over the Financial Servic...

Polly had an email from a disgruntled broker this month venting his spleen over the Financial Services Authority (FSA) time limits for dealing with complaints. He explained to the bemused Polly that he was having a discussion with a colleague concerning the above and was advised that "in accordance with the FSA Handbook, that if the complainant does not reply (within or after eight weeks), the firm is required to continue to comply with DISP 1.4.5R, and the time limits in DISP 1.4.5R therefore

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Why The Mills Review is the AI starting pistol for brokers

Most coverage of The Mills Review, published on 6 July, has focused on what it does not do. There is no new AI rulebook, no new obligations and nothing specific to implement. But that somewhat misses the point, writes Robin Knowles, compliance consultant at UKGI.

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