The FSA has called on the software industry to the financial services industry switch to electronic regulatory reporting.

The call came as about 30 software suppliers attended a presentation from the FSA's Information Management Department and High Street Firms Division, to explain how electronic reporting will work.

FSA chief operating officer Paul Boyle said the move to electronic reporting would be a "major exercise".

He said the FSA was asking the software industry to set up a small advisory group to help the FSA facilitate the move to electronic reporting.

Boyle added: "We are committed to a continuing dialogue with the software suppliers who will be supporting financial firms in handling electronic reporting."

The FSA set out its intentions to switch to electronic reporting in CP 198, published 11 September 2003.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.