Playing it straight

Parker, Raj; Willmott, Nathan
April 2005
Lawyer;4/18/2005, Vol. 19 Issue 15, p19
Trade Publication
The article focuses on the developments in the insurance sector. The Financial Services Authority (FSA) hit the ground running when it assumed responsibility for general insurers and insurance intermediaries three months ago, and it is now pursuing a number of major projects to improve standards in the insurance sector. Even prior to the January 14, 2005 start date, the FSA was prompted by New York Attorney General Eliot Spitzer's legal proceedings in the U.S. to reassess the use of contingent commission agreements by the major brokers.


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