Financial Conduct Authority (FCA)

Editor's comment: Sants move raises FSA transition concerns

Having been convinced by the Conservative-Liberal coalition to withdraw his resignation and extend his stay once before, the Financial Services Authority chief executive officer Hector Sants' decision to step down in the summer was something of a…

Lawyers respond to Sants' exit from the FSA

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.

Sants set to quit FSA in June

The chief executive of the Financial Services Authority, Hector Sants, has announced his intention to leave the organisation at the end of June.

Ethics: Entering the moral maze

The insurance industry has a poor public perception, many believing that firms put short-term profit above long-term customer satisfaction.

Law firm unsurprised by FSA Cole depature

Pinsent Masons is "not surprised" by Financial Services Authority boss Margaret Cole's departure because Martin Wheatley was appointed to chief executive of consumer protection and markets authority last year.

FSA boss Margaret Cole quits

Financial Services Authority managing director and board member Margaret Cole will leave the organisation later this year after seven years to seek "a fresh challenge".

Merged trade bodies to fight for

A campaign to secure a more cost-effective regulatory environment for thousands of brokers will form the basis of the “historic” merger between the British Insurance Brokers’ Association and the Institute of Insurance Brokers.

Industry associations back Government regulation reform

Insurance and broker associations have welcomed the Government’s proposed regulatory reforms in their consultation responses. However, they have also expressed concern its plans could be too “ambitious” and potentially cause delays.

Biba and IIB call for FCA changes

The two broker bodies, Biba and the IIB, have jointly called for regulatory barriers to be lowered and for the current inappropriate style and intensity of regulation to be reformed.

FCA needs to embrace true reform

Brokers tend to skirt warily around telling the Financial Services Authority what its business should be and how to go about it — for good reason, as Willis might testify. But I was surprised that trade representatives were so circumspect about its…

Broking focus - Regulation: The new broom

The Financial Conduct Authority will assume responsibility for the regulation of brokers taking over from the Financial Services Authority at the end of 2012. The Institute of Insurance Brokers, the British Insurance Brokers' Association and the London &…

Mobile phone insurance: We've got your number

Mobile phone insurance is a high-frequency claims product but has been criticised by the ombudsman and consumer groups. Ralph Savage reviews the sector to discover if this niche is offering value for money.

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