FCA needs to embrace true reform
Brokers tend to skirt warily around telling the Financial Services Authority what its business should be and how to go about it — for good reason, as Willis might testify. But I was surprised that trade representatives were so circumspect about its successor, the Financial Conduct Authority.
(Read article).
What brokers and the insuring public need of the FCA is basic and straightforward. First, it needs to be nothing like the FSA in operation, mentality, reach, personnel and cost. The
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