FSA - FINANCIAL SERVICES AUTHORITY

 

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The Financial Services Authority (FSA) is an independent non-governmental body, given statutory powers by the Financial Services and Markets Act 2000. The FSA are a company limited by guarantee and financed by the financial services industry.  That said, they are providing a service to and for the public and are subject to such Acts as may regulate their conduct, such as the Data Protection Acts.

 

The Treasury appoints the FSA Board, which currently consists of a Chairman, a Chief Executive Officer, three Managing Directors, and 10 non-executive directors (including a lead non-executive member, the Deputy Chairman). This Board sets our overall policy, but day-to-day decisions and management of the staff are the responsibility of the Executive.

 

Information for Firms and Consumers

 

The FSA is accountable to Treasury Ministers, and through them to Parliament. It is operationally independent of Government and is funded entirely by the firms it regulates. The FSA is an open and transparent organisation and provides full information for firms, consumers and others about its objectives, plans, policies and rules, including through this website. An area of this website provides information specifically for consumers on financial products, regulation and their rights.

 

For further information, see the following main sections:

 

Introduction to the FSA

 

The FSA has produced a CD-ROM which gives a concise overview for anyone wishing to understand the role of the regulator and gain an insight into the strategic thinking of their senior staff.

 

 

 

Nelson Kruschandl says:  "Organisations purporting to protect the 

public should operate policies of transparency and accountable!"

 

 

 

As an organisation offering free information to the public, we wrote to the FSA seeking clarification  as to issues of compliance.  Needless to say we did not receive a reply.  Unfortunately, the FSA has a reputation for self importance with respect to its position as a service provider for the benefit of the public - some say a law unto itself.  The fact our correspondence was not answered certainly does nothing to assuage our fears, but then we received the letter below:

 

 

 

 

With respect to the above letter, it appears that the FSA are seeking to prevent Max Energy Limited providing information about their organisation (the FSA) to the general public on a free basis.  One reason for this is that the Internet is a level playing field, a competitive situation many large organisations are not familiar with.  Using the Internet, a small concern, even an individual, can compete against the largest of companies and even government depertments, publication wise and have a voice, provided the smaller concern observes the rules.  Our advice to anyone confronted with this situation is don't be intimidated.  There are Anti-Trust and Anti-Monopoly laws which uphold your right to publish, investigate and expose potential Cartels.  Stick to the facts and if necessary make formal complaint to the authorities. Copyright law does not protect Cartels, etc.  In this instance, the FSA has been granted a state monopoly.  However, it is responsible to the electorate and to courts.

 

It is a common mistake and worthy of note that many people believe copyright exists in simple lists, such a telephone directories.  Also, there is no intellectual property in an address.  Accordingly, one does not need permission to provide such information to the public.  In our case we are a not for profit concern.  The reason we give free information to the public in diverse fashion, is simply that, to ensure the freedom of information.  Some people may believe the above letter and the method of delivery are designed to harass. We will be replying to the FSA in due course and you are invited to follow the communications.

 

 

 


 

 

 

Chairman


Sir Callum McCarthy

 

Sir Callum McCarthy joined the FSA in September 2003 from the Office of Gas and Electricity Markets where he was Chairman and Chief Executive.

 

Sir Callum McCarthy's full biography

 

 

Deputy Chairman


Dame Deirdre Hutton, CBE

 

Deirdre Hutton joined the FSA Board in December 1997 and was appointed Deputy Chairman on 1 April 2004. She is Chairman of the Food Standards Agency and Vice Chairman of the European Food Safety Authority.

 

Formerly Deirdre was Chairman of the National Consumer Council, the Scottish Consumer Council and the Personal Investment Authority Ombudsman Bureau. Deirdre was also a member of the Better Regulation Task Force until June 2005.

 

Dame Deirdre Hutton's full biography

 

Chief Executive, FSA


John Tiner

John Tiner was appointed FSA Chief Executive in September 2003. He joined the FSA in April 2001 as Managing Director of Consumer, Investment and Insurance Directorate following a broad-ranging career at Arthur Andersen.

John Tiner's full biography

 

 

 


 

 

 

 


 

 

 

 

 

 


 

 

 

 

Marine & Boat Insurance Providers Table

 

Company

Type of Insurance

Website

24 hour dinghy insurance

Dinghy & Sailboard Insurance Immediate insurance premiums displayed by clicking onto the class of craft.

24 hour dinghy insurance

ABG

We've teamed up with Boatinsure.co.uk to provide our clients with a competitive online marine quote: DINGHY, SPEED BOAT, SMALL YACHT, CABIN CRUISER.

ABG

Affinity Insurance Brokers

Official Brokers to the Irish Sailing Association. Affinity Insurance Brokers, the premier source for insurance coverage and risk management advice for Ireland's sailing and fishing communities.

Affinity

Amilcroft

Cargo INSURANCE. Take advantage of capacity and services through the London market and other specialist insurers. Our arrangements include insurers able to write surplus lines in most of North America.

Amilcroft

Arden Insurance

Arden Insurance Services are able to arrange cover on all craft from the smallest of dinghies to the largest ocean going vessels. Discounts are also available for: RYA Qualifications, Policy excesses up to 1,000GBP, Craft in Marina Berths, Craft with alarms. Many of our standard policies include: Third Party Liability up to 2,000,000GBP, 12 Months in commission cover, Underwater Machinery Damage, Protected No Claims Bonus, Road Transit Cover, Legal Protection Cover.

Arden Insurance

Edwards & Associates

We offer marine insurance to cover pleasure boats such as yachts and cabin cruisers, as well as larger private boats. Whether you are looking for personal or commercial marine insurance, we have a large base of insurers who we use to make sure that you get the best possible deal: Personal and Commercial Marine Insurance.

Edwards & Associates

BC-Marine Inurance

Set the right course to solve your Marine Insurance Requirements. Marine Craft Insurance, Legal Protection, Foreign Travel, Boat SalesAccident & Medical, Loss Of Earnings, Marine Finance, Marine Tradesmen, Crew Liability, Instalment Plans, Boat Builders & Repairers, Public Liability, Recovery & Assistance, Product Liability. UK, Ireland, Scotland, Wales & the EU.

BC-Marine Inurance

Bishops

We have particular expertise in the following: International Marine, Cargo, Inland Goods in Transit, Hauliers Liability, Freight Forwarders Liability.

Bishops plc

Alfred Blackmore

Alfred Blackmore Group Ltd UK insurance broker specialising in bloodstock, classic car, construction, financial services, healthcare, international motor, marine, professional indemnity, reinsurance and special accident.

Alfred Blackmore

Blythin & Brown

Loughborough brokers provide online quotes for marine insurance, and also offer a full range of financial advice.

Blythin & Brown

Boatinsure

Marine insurance underwritten by Lloyd's of London. Discover what is covered by the policies, read the FAQs, get an online quote or claim online.

Boatinsure

Business.Insurance-Site.co.uk

Covers most commercial risks in the following industries: manufacture, motor trade, haulage supply, farms, shops, offices, clubs, pubs, hotels and marine (ONLINE APPLICATION FORM).

Business.Insurance-Site.co.uk

Craftinsure

German marine insurer provides boat-insurance services throughout Europe. Select a boat type, get a quick quote, and track a claim. 20% internet purchase discount.

Craftinsure

Newton Crum

Dinghy - Narrowboat - Motorboat - Sailboard- Yacht - Marine Insurance. FREE INSURANCE QUOTATIONS no charge or obligation. Dinghy Insurance, Sailboard Insurance, Inland Waterways Insurance, Yacht - Motorboat - Speedboat Insurance, Stolen Boat List.

Newton Crum

Engine Breakdown Cover Ltd.

Offers unique insurance policies for marine in-board engines.

Engine Breakdown Cover

Fairmont Insurance Services

Super Yacht Insurance for yachts in excess of $1 Million to over $125 Million. Coverage includes Liability, Loss of Charter, and Crew Personal Accident and Medical.

Fairmontinsure

Lucas Fettes & Partners

Marine Insurance: Hull and accessories of a vessel, passengers and worldwide cargo movements.

Lucas Fettes

Navigators and General

Navigators and General has been at the forefront of yacht and motorboat insurance since 1921 and has been the market leader in this field for over 70 years. Navigators & General is part of the Zurich Financial Services Group and Financial Ombudsman Service, providing policyholders with world-class security. Today, Navigators provides cover for vessels with a total value in excess of 750,000,000. Underwriting insurance for all types of leisure craft, from dinghies to 5,000,000 vessels, has provided us with the breadth of experience to understand even the most individual requirements.

Navigators and General

Giles Insurance Brokers

Marine Insurance. Dinghy, Power Boat, Yacht, Cabin Cruiser, Jet Ski, Charter Boat, Commercial Fishing Boat, Yacht Yard

Giles Insurance Brokers

SHW Group

Marine Cargo Insurance. Cover is arranged with specialist insurers and the individual policies are written to suit your business requirements including if required Warehousing for distribution during export or import.

SHW Group

LONHAM GROUP LTD

Freight legal liability for both UK and international domiciled companies. Freight legal liability insurance, Cargo insurance, Charterer's Liability insurance. Delegated authority to deal with claims matters relating to marine insurance.

Lonham Group

Mardon Marine Insurance Brokers

boat-insurance.co.uk and yacht-insurance.co.uk are the websites of Mardon Marine and maritime Underwriting Agencies Ltd. (Including Maritime Underwriting Agencies Ltd)

Mardon Marine

Noble Marine

Noble Marine are specialist insurance brokers dealing with all classes Yacht insurance, rowing insurance, laser class, dinghy insurance, sailboard insurance.

Noble Marine

Rob, Perry Marine

Need Insurance? We are agents for one of the most competitive insurance brokers in the country who specialise in marine insurance.

Rob, Perry Marine

Pendleton May

We operate a scheme for the insurance of yachts, motor boats and small craft. Our expertise, experience and number of clients insuring their boats enables us to provide you with wide cover at competitive cost. Try us by completing our form.

Pendleton May

Terra Nova

Terra Nova Protection & Indemnity provides fixed premium P&I cover for the Owner / Manager / Charterers of commercial ships operating in domestic, coastwise or short-sea trades.

Terra Nova

Oban Insurance Centre

Read about the insurance schemes covering marine, holidays, business, motoring and agriculture. Offers an online quote system.

Oban Insurance

B Portwood & Co.Ltd

Marine and boat insurance. On-line insurance rates are provided for dinghies, canoes, sailboards, small craft, inflatables, speedboats, yachts and motorboats for use in the uk and in Western Europe for up to 60 days.

Portwood

Alexander Brooks & Stevens Ltd

Marine Insurance providers

Alexander Brooks & Stevens

Graham Sykes Insurance

Graham Sykes Insurance insure a variety of boats. Our polices cover you for use on inland and costal waterways between May and September. Smaller craft usually have to be laid up ashore over the winter months. For larger vessels we can provide cover for them all year round. For the water skiers out there we can usually extend your policy to include liability for towing water skiers.

Graham Sykes

Craig & Suttar

In most cases we can provide all risks cover including third party liability for you and your craft. Polices cover you for use on inland and costal waterways between May and September. For the waterskiers out there we can usually extend your policy to include liability for towing waterskiers. In some case we can add your boat onto your house contents insurance which is sometimes cheaper.

Craig & Suttar

Tyser (UK) Ltd

Marine and boat Insurance

Tyser (UK) Ltd

Yachtsman Marine Insurance Ireland

Yachtsman Marine Insurance Ireland. Sports boats, Yacht cruisers, motor cruisers. We offer yachtsmen an exceptional insurance package at a highly competitive price. We are constantly reviewing our policy wording to provide the most up to date terms and conditions to ensure that our clients have the most appropriate cover.

Yachtsman Insurance

 

 

 

 

 


 

 

 

 

 

 

 

 

 


 

 

Should you have any difficulty using this website please see our contact page

 

CONTACT SOLARNAVIGATOR

 

+ 44  (0)7905 147709 

 



 

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