Compliance

The Financial Services Authority (FSA) is readying at least one 'mega fine' in the next three months as figures show it raised significantly less than usual in the first quarter of 2012.

The British Insurance Brokers' Association (BIBA) has launched a sanctions checking facility to help members comply with the Terrorism Act and the FSA financial crime requirements.

The British Insurance Brokers' Association (BIBA) is supporting targeted regulation of comparison sites.