Interview: Sarah Wilson - The future lies in the hands of the industry
Ahead of the hugely anticipated switch to the statutory regime for general insurance regulation, Sarah Wilson talks to Richard Adams about its early themes, problems with the secondary sector and an industry whose future, she says, lies in its own hands
The Financial Services Authority recently published figures on the number of applications received for authorisation, citing almost 10,000 applications, which splits into 5151 from primary brokers and 4408 from the secondary sector.
Commenting generally on whether the process is going to plan, FSA director, high-street firms division, Sarah Wilson, says: "Some firms will not meet the required standards or, when complete, won't meet the threshold conditions at the final stage. At that stage, the
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