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FSA appoints new small business boss

The Financial Services Authority has today appointed Mark Rothery as chairman of the smaller businesses practitioner panel. He succeeds Ruthven Gemmell who - having served a two year term as chairman - stands down and assumes the role of deputy chairman for one year.

The Panel was established by the FSA in 1999 to represent the views and interests of smaller regulated firms. The Panel's membership is made up of individuals with a balance of experience and

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FCA and PRA turn spotlight on MGA oversight

The Financial Conduct Authority and Prudential Regulation Authority are sharpening their scrutiny of managing general agents, stressing insurers must take primary responsibility for businesses underwriting on their behalf.

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