Inadequate financial resources for Brokers - Mazars - United Kingdom
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Inadequate financial resources for Brokers
On 23 February 2010 the FSA sent a letter to insurance intermediaries warning them to consider the adequacy of their financial resources.
As aminimum, the FSA expects insurance intermediaries to be able to demonstrate that: they have sufficient resources within their direct control to deliver their business plan; and that they meet MIPRU requirements.
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- Inadequate resources flyer.pdf 94.54 kB
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