Insurance Post

Lawyers respond to Sants' exit from the FSA

FSA chief executive Hector Sants

Mathew Rutter, regulatory partner at DAC Beachcroft, said that Hector Sants' departure from the Financial Services Authority at the end of June could not come "at a worse time" for regulated firms.

The FSA announced earlier today that chief executive Sants is to leave the organisation at the end of June.

Rutter said: "Hector Sants was the key element of continuity as the FSA is split up to form

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