ABI calls for clear accountability for the FCA as the Treasury Select Committee launches inquiry
Thursday, 18 August 2011 9:31 AM
ABI calls for clear accountability for the FCA as the Treasury Select Committee launches inquiry
Maggie Craig, Director of Life and Savings at the Association of British Insurers said:
"It is absolutely crucial that there is clarity on accountability of the new regulator. We are concerned that current Government proposals make the FCA less accountable than the current system. This must not be the case as it is imperative that the new regulatory structure is effective. We look forward to continued constructive discussions with the Government to make sure the new system is robust, clear and delivers.”
Liz Forster
Assistant Director, Communications
Corporate Affairs Directorate
Liz.Forster@abi.org.uk
T: 020 7216 7444
M: 07717 578586
www.abi.org.uk
Association of British Insurers
51 Gresham Street
London
EC2V 7HQ
Forthcoming Events
ABI Financial Media Awards 3rd November 2011.
For award sponsorship and table enquiries please email Events@abi.org.uk
ABI Motor Conference 22nd November 2011.
Grange City Hotel, 8-14 Cooper's Row, London, EC3N 2BQ
Registration now open at www.abi.org.uk/MotorConference2011
For Sponsorship and Exhibitor information, accommodation enquiries and for all other conference information please email ABIevents@abi.org.uk or phone 020 7216 7487.
----------------------------
1. The information transmitted is intended only for the person or entity to which it is addressed and may contain confidential and/or privileged material.
2.Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient is prohibited. If you received this in error, please contact the sender and delete the material from any computer.
3. The Association of British Insurers will not be liable to you or any other person or entity for any statement including but not limited to defamatory statements made by any employee acting outside the proper course of their duties.
4. This footnote confirms that this email message has been swept by Websense Hosted E-Mail for the presence of viruses and unacceptable or offensive material.
5. The Association also scans all incoming mail, and reserves the right to reject and return any material which is considered either to be a security risk or to contain unsuitable material.
Newsletter sign up