Am I home and dry for FSA regulation?
Q: I run a directly regulated independent financial adviser and a general business within my limited company brokerage. Do I need to worry about Financial Services Authority regulation?
You need only apply to the FSA for a variation in permission, ratherthan start from scratch and complete the detailed application form. And as
a directly registered IFA you have a head start.
The FSA is intent on pulling the regulations together, with the high level
standards that will already be familiar to you, but you still need to
follow the evolving insurance conduct of business and the specific rules
and regulations.
These need careful study, especially in the areas of disclosure and
complain
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