FSA refuses to back down over FSCS review timing
The Financial Services Authority has refused to commit to an April 2012 deadline for a review of the Financial Services Compensation Scheme, as it would be "counterproductive" to consult when changes to European insurance legislation are ongoing.
Speaking at a meeting of the All Party Parliamentary Group on Insurance and Financial Services about the future and funding of the FSCS on Tuesday, Sheila Nicoll, FSA director of conduct policy, told
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