Regulation

Mortgage brokers are failing to comply with regulations concerning the provision of initial disclosure documents, according to a recent mystery shopping exercise.

Financial intermediaries may be able to challenge regulatory action taken against them if it is based on data electronically-submitted to the Financial Services Authority (FSA.

TREATING CUSTOMERS FAIRLY

seemingly unsurmountable problems could hit eu cross-border fund sales as countries all develop their own interpretation of the rules

All financial services firms must do more to ensure customers are treated fairly, says the FSA, as its own scathing research suggests some advisers still recommend products according to remuneration prospects rather than the needs of the client.

regulation

The following comments highlight anomalies between the FSA view of PII on IFAs and the IFA perspecti...

the regulator writes to companies a month before their existing cover expires explaining how they can apply for lesser insurance burden