Supporting Your Business
FSA News Archive
- Regulation Seminar Q&A's
The answers given represent PwC's understanding at the time of publishing (14th June 2004).
- FSA Checklist
This Checklist has been prepared to assist you to assess your current position regarding FSA rules implementation and your preparedness for an FSA visit.
- Customer Categorisation - Complying with FSA Requirements
The FSA ICOB rules aim to ensure that both commercial and retail customers receive an appropriate level of information and documentation.
- Commercial Product Summaries
In addition to the current set of FSA compliant Policy Summaries that have been produced, we have received a number of requests to provide additional Product Summaries for our commercial product range.
- FSA requirement - Demands and needs statement
Sections 4-6 of the Insurance Conduct of Business Rule book relates to the selling and administration of General Insurance policies and the interests of protecting the consumer, ensuring they are sold an appropriate product.
- Support for brokers approaching FSA
With FSA deadlines rapidly approaching, brokers have to prepare themselves, their staff and systems for the new regulatory regime. However, this is easier said than done.
- I fought the law and the law won
If getting to grips with regulation and industry changes is causing you problems, talk to one of our Broker Consultancy Managers.
- Countdown to Regulation
General Insurance will be regulated by the Financial Services Authority from 14 January 2005. If you want to conduct General Insurance business after this date you must be appropriately authorised under the new regime.
- FSA Application Packs
Sarah Wilson, Director of High Street Firms, announced on the 2nd April that as at 31st March the FSA had received a total of 13210 registrations for application packs, of which 5945 were from firms in the mortgage market, and 7265 were from general insurance firms.