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The Financial Services Authority
 — a consumer view on the scope and objectives of the new financial services regulator
Corporate AuthorNational Consumer Council - NCC
PublisherNational Consumer Council, London, April 1998
Pages30 pp
SourceNational Consumer Council, 20 Grosvenor Gardens, London SW1W 0DH.
KeywordsFinancial institutions ; Insurance ; Consumer ; Law ; Social policy.
AnnotationThis report comments on the scope and objectives of the proposed Financial Services Authority, whose responsibilities will encompass conduct of business and prudential supervision in all areas of financial services. The report argues that the scope of the new watchdog is too limited and inflexible to be of any real help in areas that cause the most serious problems for consumers. It points to the shortcomings of the current systems of self-regulation for mortgages, general insurance and intermediaries, and calls for the new authority to take on additional regulatory responsibilities. (AKM).
Accession NumberCPA-980601408 B
ClassmarkWNL: WP: WY: VR: TM2

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