Travel giant opts for FSA regulation to pre-empt Treasury probe
The UK's largest travel agency, Thomas Cook, has announced it has applied for FSA authorisation and will be regulated from next month. In a move designed to distance itself from damaging reports of the miss-selling of travel insurance and the ongoing Treasury investigation into product sales by unregulated travel agents, the company confirmed today it will be fully authorised under the "stringent" regime from March onwards.
In a statement today, the company said: "Thomas Cook takes very seriously its responsibilities for selling all products, including insurance, to customers. Later this month Thomas Cook is changing how
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