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Networks Regulatory Forum formed by six networks

The Networks Regulatory Forum has been set up and aims to share regulatory and relevant experiences to help members comply with the FSA&#39s requirements for mortgage and general insurance regulation.

The NRF&#39s founder members are Paymentshield compliance director Ann-Marie Stone, Countrywide Assured Financial Services compliance manager Sharon Glay, BDS Mortgage Group group compliance manager Bruce Collins, Bank of Ireland/Post Office Joint Venture head of compliance Mike Davies, Trustguard Credit Services director of group compliance Nick Battersby and Complete Mortgage & Loan Services network director Bill Warren.

Warren says: “The Forum members firmly believe that co-operation and knowledge-sharing on regulatory and compliance issues will bring substantial business benefits both to the individual members and to their organisations. We hope that the combined experience of the founder NRF members will enable the forum to add considerable value through positive discussions and information sharing.”


Bradford & Bingley

Bradford & Bingley&#39s new group chief executive Steven Crawshaw is keen to improve operational efficiency while continuing to achieve growth objectives for the company. He is adamant that it will be business as usual at B&B but says there are a lot of issues ahead, such as depolarisation, and he wants to give a clearer […]

Webline offers online submission with Health-On-Line

Online comparative quotation source Webline is teaming up with health insurer Health-On-Line to launch a private medical insurance business submission service. The PMI new business service, that can be embedded in the adviser&#39s own website, allows Heath-On-Line business to be submitted online. Webline managing director Paul Holland says: “Through our relationship with Health-On-Line we believe […]

Heed the warnings

In my last article, I started to look at some of the ways in which IFAs can learn from the various regulatory reviews and legal judgments affecting financial services. I considered first a series of recent judgments from the Financial Ombudsman Service which shed a great deal of light on the way in which single-premium […]

BAM takes new direction

Baring Asset Management&#39s directional global bond trust is a unit trust set up to take advantage of the European directive Ucits III. Ucits III allows fund managers of onshore funds to use mixed asset classes and go short, whereas previously shorting was only available offshore without the safety net of FSA regulation. This fund&#39s unit […]


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