Biba hails FSA decision on regulatory fees
The British Insurance Brokers' Association (Biba) claimed a victory when the Financial Services Authority (FSA) issued a policy statement setting out its final decision on the level of regulatory fees and levies for the 2009-2010 financial year.
The regulator's decision will move a significant amount of contingency funding to the depositor takers block, leading to significant reductions in the originally proposed fees.
Eric Galbraith, Biba
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