The FSA has denied it is considering changing the rules on the way goodwill is accounted for in companies' accounts.
Current FSA rules mean a firm is not required to include goodwill in its intangible assets until 14 January 2008. But this is not a rule dictated by ICOB, meaning the FSA has the opportunity to reconsider the deadline.
Market sources indicated that the FSA was re-examining the rules after concerns were raised at the ability of consolidating brokers to meet the deadline.
But a spokesman for the FSA denied this was the case. He said: "We are not thinking about it now or debating a paper now as it is too far off."
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.
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.
