Arrow visits will begin FSA crackdown from May
From May, the Financial Services Authority will begin its crackdown on general insurance sellers tha...
From May, the Financial Services Authority will begin its crackdown on general insurance sellers that failed to become authorised or appointed representatives. The FSA's perimeter project team - including both supervisory and enforcement staff - is currently investigating perimeter mortgage brokers and will extend its focus to general insurance firms. The FSA has dealt with two-thirds of the applications from firms granted interim authorisation status on 14 January, with over 300 remaining
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