Regulatory Information
Glencairn Limited is authorised and regulated by the Financial Services Authority (FSA), which is the independent non-governmental body given statutory powers by the Financial Services and Markets Acts 2000 to regulate the financial services industry in the UK. With effect from January 2005 this included companies engaged in general insurance activities which includes all brokers, insurers and intermediaries. The FSA has four statutory objectives, being:
- market confidence: maintaining confidence in the financial system;
- public awareness: promoting public understanding of the financial system;
- consumer protection: securing the appropriate degree of protection
for consumers; and - the reduction of financial crime: reducing the extent to which it is possible
for a business to be used for a purpose connected with financial crime.
We believe that being a compliant organisation is of great value to clients, and we increasingly find that our proactive and diligent approach to this subject is a key differentiator of ours.
For more information on the FSA please visit its website at www.fsa.gov.uk
Our Terms of Business Agreement (TOBA) sets out our standard conditions and undertakings. Click the links below to download the pdfs:
General Terms of Business Agreement (TOBA) pdf
Multi Year Terms of Business Agreement pdf
Glencairn Limited is a Lloyd's broker, having met the accreditation standards required by Lloyd's.