FCA finds more insurance requirements that are ‘no longer needed’
Following the launch of a consultation where the Financial Conduct Authority is proposing to decommission certain regular returns and remove the relevant sections from SUP 16, the regulator has identified more returns it deems are “no longer needed”.
On the regulator’s website, the FCA has today said it is looking at decommissioning REP022 (General Insurance Pricing Attestation), as it said “it’s no longer an essential way to monitor firms’
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