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ITC Compliance
Tuesday 7th April 2020 9:18pm
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FSA set to increase fees for smaller firms

The FSA published their Fees Consultation Paper (CP) on 12 February. The CP goes into further details on the strategies they are going to adopt when calculating fees for directly authorised firms (this will not have a direct effect upon ITCs AR Network members). For those firms that are not under the ITC Network use the fee calculator to see how the new fee rates will affect you.

Added: 26th February 10

FSA clamp down on authorised firms who do not have adequate financial resources

The FSA are concerned that many insurance intermediaries still cannot demonstrate to themselves (or the FSA) that they have adequate financial resources. Their letter to CEOs and owners of ...

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