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ARTICLE · 05 SEPTEMBER 2012

Corporate Insurance Newsletter - September 2012

On 17 August 2012, the FSA published a new webpage relating to complaints against it under legislation other than the Financial Services and Markets Act 2000 (FSMA).

GlobalInsurance

Regulatory

Complaints scheme for non-FSMA complaints about the FSA

On 17 August 2012, the FSA published a new webpage relating to complaints against it under legislation other than the Financial Services and Markets Act 2000 (FSMA).

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FSCP makes six recommendations for new Financial Conduct Authority

In a press release the Financial Services Consumer Panel made six recommendations that it believes are essential for the new FCA. These include swifter action, better use of market and consumer intelligence and using the full suite of powers available to it.

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FSA Implementation Assumptions

The FSA has updated its implementation assumptions for the Solvency II Directive to reflect the new timetable in the short amending Directive adopted on 3 July 2012. This means that:

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