FSA faces creditor negligence claims.
The Financial Services Authority's fitness to be a regulator is under scrutiny - just as the Governm...
The Financial Services Authority's fitness to be a regulator is underscrutiny - just as the Government has announced it will take over the
regulation of the insurance industry in 2005.
The Creditors of Independent Insurance Group plans to take the FSA to
court for negligence in its handling of Independent Insurance.
Class Law, the firm acting on behalf of the CIIG, believes the FSA failed
to act on warnings about Independent's insolvency from the Commission de
Controle des Assurances, its French
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