Regulator puts plan in place to end due credit "exploitation"
The General Insurance Standards Council has today announced restrictions on firms applying for membership in order to prevent exploitation of the Financial Services Authority's agreement to offer "due credit" to its members in good standing who apply for authorisation with the regulator.
In November last year Sarah Wilson, director of FSA's high street firms division, said that applications from GISC members in good standing will receive "a level of scrutiny which reflects theOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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