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FSA – Simplifies T&C rules for retail business

The Financial Services Authority (FSA) last week set out proposals for a shorter and more outcome-focused Training and Competence (T&C) Sourcebook that will apply only to retail firms and business.

This is part of the FSA’s drive to simplify and streamline its Handbook and remove prescriptive requirements. The new T&C regime will be founded on high-level rules and guidance but will retain exam

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