FSA changes application process
The Financial Services Authority has announced changes to its application process so that mortgage, general insurance and investment firms can now build their own application pack tailored to their type of business. The regulator has also redeveloped its change of control forms for firms applying to alter the ownership of a firm:
http://www.fsa.gov.uk/pages/Library/Communication/Forms/packs/index.shtml
Both developments are aimed at reducing the overall cost to firms; increase and simplify guidance; improving system navigation
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