Regulators
& Financial Authorities
Just as with
the rest of the financial market, brokering is regulated under
the law. Various bodies are responsible for controlling
different areas of the market.
General Insurance
Standards Council
The GISC
serves as the UK watchdog organisation that sets, monitors
and enforces regulations in all aspects
of insurance.
They are
also responsible for tracking customer complaints against
individuals and companies from the insurance sector.
General Insurance
Standards Council
110 Cannon Street
London
EC4N 6EU
Telephone: 0845 601 2857
Email: enquiries@gisc.co.uk
Website: http://www.gisc.co.uk/
Financial
Services Authority
The FSA regulates
all financial services in the UK. Established by the Government,
it is an independent
organization that
settles complaints between customers and financial
service providers,
and they reserve the power to revoke any financial service
broker’s
authorisation. The FSA also provides useful consumer
information with regards to financial services.
The Financial
Services Authority
25 The North Colonnade
Canary Wharf
London E14 5HS
Telephone: (020) 7066 1000
Fax: (020) 7066 1099
Email: consumerhelp@fsa.gov.uk
Website: http://www.fsa.gov.uk/
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