TITLE

Cancellation crunch

AUTHOR(S)
Laughton-Scott, Olly
PUB. DATE
May 2009
SOURCE
Money Marketing;5/28/2009, p37
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the analysis of cancellations and authorizations on business transactions done by the Financial Services Authority (FSA) in Great Britain. Based on the comparative data for 2007, 2008 and 2009, the cancellation exceeding authorization has been interpreted to be the product of the economic condition in Great Britain. Material cancellations are usually implemented in the financial advisory and the non financial services while the authorizations are in life insurance.
ACCESSION #
41894819

 

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