AMI sees 'success' in M-Day

Some issues will need to be ironed out over the coming weeks, but overall the FSA’s figures for the number of companies holding new authorisations or “variations of permissions” is seen as “evidence of real success in engaging in the rules,” a spokesperson for the association says. ”The numbers show it is not the case we have a big problem,” the spokesperson says. The FSA says 210 firms have either withdrawn from the approval process or are still waiting for authorisation/permission or a final notice of refusal. Of 347 applications still being processed, most are delayed because th...