Complicated transition rules may have led to breaches
CEO explains when and why FSCS pursues recovery action
SSASs can be misused as vehicles for fraud
Will not legislate around providing information
Industry experts to debate ‘Ignore FAMR at your peril' on 25 May
Consumer education also targeted as an area for improvement
Regulator's new measures could be 'undermined'
Firms should deal with the FSCS in an open, timely and cooperative way
Culture is 'of the utmost importance to financial regulators'