Regulation

Act change proposed

Economic secretary to the Treasury Ed Balls has proposed amendments to the Financial Services and Ma...

Powell Price & Co banned from trading

Herefordshire broker Powell Price & Company has been stripped of its permission to trade in general insurance because the Financial Services Authority believes it may not have been passing premiums onto underwriters.

Government promises more competitive regulatory structure

Economic Secretary to the Treasury, Ed Balls, and Financial Services Authority Chief Executive, John Tiner, today announced the UK's proposals to change the approach to insurance supervision which aims to minimise the administrative burden on insurance…

FSA bans ICM for practices which put consumers at risk

The Financial Services Authority (FSA) has cancelled ICM Group's permission to carry on regulated activities after it found that the firm had failed to pass on client premiums to insurers, leaving clients potentially uninsured. In addition, ICM had used…

FSA bans ICM Group

The Financial Services Authority today cancelled ICM Group's permission to carry on regulated activities after it found the firm had failed to pass on client premiums to insurers, leaving clients potentially uninsured. In addition, ICM had used client…

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