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Equitable puts Roberts in spotlight

Martin Roberts has recently seen his name splashed all over newspaper headlines because, as head of insurance regulation at the FSA, he has been connected to the Equitable Life affair.

Roberts&#39 official title is director (insurance and friendly societies). Come N2, he will be in charge of both the prudential supervision and conduct of business regulation of all life insurance companies.

He has extensive experience in regulating the life industry. He was responsible for prudential regulation at the Treasury for a year in 1998 before he and the department moved to the FSA in 1999. Previ-ously, from 1989 until 1992, he was responsible for the supervision of life insurance and London market business at the DTI.

In the intervening years at the DTI, Roberts was promoted to head of the division responsible for the conduct of investigations under the Companies Act and for criminal prosecutions.

Given his background, it is no wonder that people want to hear what he has to say about the regulation of Equitable. Roberts is exp-ected to testify before the Treasury select committee when it continues its hearing into the Equitable debacle in the near future.

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