The FSA is to visit 200 firms as part of its thematic review into client money.
As revealed by Insurance Times on 17 August, the regulator will be visiting general insurance brokers, motor traders and other firms that sell insurance between September and December.
Visits to London market brokers will take place from September into 2007.
The FSA's client money guide advises firms how to:
• understand how they should hold client money
• make arrangements for holding client money
• do the client money calculation correctly.
