FSA damaging UK insurance market by dragging heels over authorisation, claims RPC
The length of time that financial services firms are having to wait to get authorisation from the Financial Services Authority continues to climb according to law firm Reynolds Porter Chamberlain (RPC).
RPC says that the average number of weeks it takes the FSA to decide whether to authorise a company to do financial services work jumped 71% in the last year alone, up from 11.4 weeks (Q1 2009) to 19
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