Compliance - Building in conformity
Edward Murray investigates the methods and structures implemented by brokers to show how they are meeting FSA regulations
Being regulated is all very well but how do insurance brokers structure themselves to ensure they act compliantly and keep the Financial Services Authority happy? From small high street operators to multinational behemoths, the broker market employs myriad structures and strategies to meet the regulator's requirements.
Regulation has made senior executives understand their businesses better than ever before. Many of these executives have complained at the burden the new requirements have placed
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