FSA gives the go-ahead to commingling
The Financial Services Authority has confirmed that intermediaries will be able to continue commingling of insurer and client funds.
In its report, A guide for general insurance intermediaries, published today it said: “We now propose to amend the rules to permit a firm to hold in a client bank account, client money and money 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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