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FSA staff resignations rise 128%

FSA building

There has been a 128% leap in the number of staff resigning from the Financial Services Authority in one year as the government proposes to abolish the regulator, according to Reynolds Porter Chamberlain.

According to data released to the City law firm following a Freedom of Information Act request, 121 FSA staff resigned in the second quarter of 2010, 128% more than the same period in 2009 when 53

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FCA looking to address issues on claims definitions

Andrew Ruddle, the Financial Conduct Authority’s interim head of the department for insurance market analysis and policy, has said the regulator is looking at addressing issues about different claims definitions within insurance.

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