FSA finalises reporting requirements
The Financial Services Authority today finalised its reporting requirements for firms involved in mortgage, general insurance or retail investment activities. These proposals were initially put forward in CP197: Reporting requirements for mortgage, insurance and investment firms, and audit requirements for insurance intermediaries.
The regulator said it will use the information it collects about firms' financial health and business activities to monitor compliance and to identify trends and anomalies. This, in turn, will help itOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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