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FSA deputy chairman resigns

James Crosby, the former chief executive of HBOS has resigned from his post as the deputy chairman of the FSA after allegations that he ignored risk warnings about the growth of the now-stricken UK bank.

The FSA confirmed Mr Crosby's resignation. Mr Crosby resigned after allegations that former HBOS executive-cum-whistleblower Paul Moore sent a note to the company warning that their company had grown

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FCA’s Knight insists CPD changes are not a relaxation

The Financial Conduct Authority’s decision to ditch its 15-hour-per-year continuing professional development requirement for insurers should not be viewed as a relaxation of standards, according to the regulator’s director of insurance, Chris Knight.

Big Interview: Chris Knight, Financial Conduct Authority

The Financial Conduct Authority’s new director of insurance, Chris Knight, speaks exclusively to Insurance Post about premium finance, why enforcement action against firms that fail to comply with the Consumer Duty is looming plus whether the watchdog could soon scrutinise ChatGPT.

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