Insurance Age

FSA: enforcement drive

The Financial Services Authority plans to step up its enforcement and intelligence in 2003. The reg...

The Financial Services Authority plans to step up its enforcement and
intelligence in 2003. The regulator's plan and budget for the coming year
states that it intends to increase staff in its enforcement division by
around 10%. It also plans to monitor the retail market more strictly,
particularly in the analysis of new products and the financial promotions
that go with them.

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