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BBC: Ban on raiding funds to pay fines

Started by riky, July 26, 2009, 10:57:55 AM

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riky

July 26, 2009, 10:57:55 AM
Ban on raiding funds to pay fines

Shareholders, rather than policyholders' funds, should pick up the bill if insurance firms are fined for mis-selling, the City watchdog says.

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