IBRC and FSA agree on dispute solution.

The Insurance Brokers Registration Council is £100,000 better off
following the resolution of its financial wrangle with the Financial
Services Authority.

After several meetings, the IBRC has been paid the £185,000 owed for the
administrative duties it carried out for the FSA. Similarly, the IBRC has
paid the FSA £85,000, reduced from the initial £185,000, in regulatory
charges associated with its past RPB status.

However, the IBRC still has the financial responsibility of the lease of
St Mary Axe

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