This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
The head of the Association of British Insurers (ABI) has all but waved goodbye to the Financial Services Authority. In a
speech to the market recently, director general of the ABI Stephen Haddrill said with the Conservatives favourite to win the
next general election “perhaps it is worth a few words of farewell to [the FSA]”. Under the Conservatives’ plans, the FSA
would be dissolved and its prudential regulatory functions taken on by the Bank of England. It also plans to launch a new
Consumer Protection Agency, which will look over insurance businesses such as brokers as well as set the agenda for consumer
issues across the board.
The rest of this document is only available to i-law.com online
If you are already a subscriber, please enter your details below to log in.