GISC will go live without empowerment

The General Insurance Standards Council has confirmed that it will go live on a voluntary basis, with...

The General Insurance Standards Council has confirmed that it will go live on a voluntary basis, without any formal empowerment, but it will not reveal the launch date until after the next board meeting on 9 March.
The decision to accept membership on a voluntary basis was taken at yesterday's board meeting. All the board members agreed the council would not be ready to submit its draft rule book to the Office of Fair Trading by the end of this month, the deadline for qualifying for

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