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Regulation

FSA to contact all small firms as part of TCF drive

The Financial Services Authority today announced it is introducing new measures to increase its contact with small firms. The aim is to help firms make faster progress in meeting the FSA's Treating Customers Fairly intiative and to identify, more quickly…

New measures to help small firms from FSA

The Financial Services Authority (FSA) will introduce new measures to increase its contact with small firms. The aim is to help firms make faster progress in meeting the FSA's Treating Customers Fairly (TCF) initiative and to identify, more quickly,…

Cassidy Davis welcomes FSA's PPI review

Cassidy Davis Insurance has said that the FSA's latest review of selling standards in the payment protection insurance (PPI) market highlighted the need for a more targeted approach to product design and pricing to ensure consumers' needs are met and the…

NAIC inches towards mutual reinsurance recognition with EU

US state insurance regulators’ trade body, the National Association of Insurance Commissioners (NAIC) has announced it is drafting a proposal designed to usher in single-state licensing for reinsurers and eventually mutual recognition between the US and…

Marsh UK creates new senior post

Marsh has appointed James Elder to the new position of chief risk officer of Marsh UK. Mr Elder, joins from Credit Suisse where he was a director in bank operational risk oversight. He will report to John Nicholson, chief operating officer of Marsh UK.

BIBA hits out at FSA's fee disclosure proposal

The British Insurance Brokers’ Association has today warned that the Financial Service Authority’s proposed new treatment of fee disclosure to consumers in respect of lower risk or ‘other’ general insurance products represents ‘a licence for the…

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