Friday, 30 March 2012

UK MP wants 'fairer deal' and transparency on cost of Skilled Person Reports and use as 'a regulatory tool...'

Labios_at_europort  ' Aifa and advisers have expressed concern that the regulator’s use of s166 reports is increasing and that the FSA is using them as a regulatory tool rather than reserving them for instances when it strongly suspects wrong-doing....  “It will focus the regulator on issuing section 166 reports only when it is seriously concerned something is amiss and not just as a regulatory tool.” '


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