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FSA targets Solvency II and PPI in business plan

FSA chief executive Hector Sants

The Fiancial Services Authority will focus on Solvency II preparation and the conduct of payment protection insurance providers in its 2010/11 business plan.

As part of its plans for Solvency II, the FSA has pledged to recruit an additional 460 staff to help with the preparation for the new directive as well as working closely with firms on their

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