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The Pinsent Masons Guide to Insurance Distribution: Law and Regulation
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In Britain a single authority, the Financial Services Authority (FSA), created by an Act of Parliament in 2000, acts as the country's regulator for insurance, investment business and banking. By contrast, in the USA each state effects its own financial and insurance regulatory framework.
But Federal regulation has been pushed to the forefront by the current economic meltdown. Since the recent near failure of insurance giant AIG in September 2008, there have been calls for the US to embrace f...
But Federal regulation has been pushed to the forefront by the current economic meltdown. Since the recent near failure of insurance giant AIG in September 2008, there have been calls for the US to embrace f...
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