You have filled in the FSA's application form, but what happens next? Branko Bjelobaba explains
The deadline of 13 July 2004 for general insurance applications to the Financial Services Authority (FSA) has long passed, and figures show that 8,624 firms had applied for authorisation, of which, 4,843 were from the primary market and 3,781 were from the secondary market. In addition, 3,987 applications for variation were received. However, the FSA has said 13 July was not the final cut off date. Straightforward applications are taking considerably less time and some have been turned around in less than six weeks. But if you have applied, or are one of 2,715 primary firms or 1,096 sec...
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