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RICS victory

Series: RICS News Service ; 20 August 2004 (1)Publication details: 2004Subject(s): Summary: As a result of the RICS' lobbying, the Financial Services Authority proposes to change its rules on clients' money holding for property managers under the forthcoming regulatory regime for general insurance. The consultation has been brought about due to RICS pointing out that the FSA'proposals actually conflicted with property legislation and would be unworkable for property managers. RICS will be contributing to the consultation. For further details and background information see: http://www.fsa.gov.uk/ and http://www.rics.org/fsa/. http://www.rics.org/ricscms/bin/show?class=News&te mplate=/includes/shownews.html&id=9723&faculty=RIC S

As a result of the RICS' lobbying, the Financial Services Authority proposes to change its rules on clients' money holding for property managers under the forthcoming regulatory regime for general insurance. The consultation has been brought about due to RICS pointing out that the FSA'proposals actually conflicted with property legislation and would be unworkable for property managers. RICS will be contributing to the consultation. For further details and background information see: http://www.fsa.gov.uk/ and http://www.rics.org/fsa/. http://www.rics.org/ricscms/bin/show?class=News&te mplate=/includes/shownews.html&id=9723&faculty=RIC S