Less talk, more action for 2004
The past 12 months have seen much speculation about forthcoming regulation, the next 12 must see more action
The year 2003 was one of debate, consultation and speculation. 2004 looks set to bring more of the same, though with more action than speculation as Financial Services Authority rules and agency agreements are finalised.
Regulation by the FSA will be upon us by the start of 2005 and brokers must use 2004 to prepare. Applications must be sent to the FSA in good time to allow the regulator to iron out any problems. No one wants to reach 15 January 2005 with an outstanding application, and if they
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