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Experts advise FCA to 'tweak their rules urgently' in multi-occupancy reform

high rise flats

Regulation experts say “there is no immediate implementation of anything” in the Financial Conduct Authority’s report on multiple-occupancy buildings and rules could be modified to extend product value assessments.

In the report, the FCA has set out a range of recommendations and potential remedies designed to give leaseholders greater protections and improved information about their insurance costs, as well as

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How should success of FCA’s response to Which be judged?

The effectiveness of the Financial Conduct Authority’s regulatory action in response to Which’s super-complaint about home and travel insurance is reflected in smoother claims handling, not in the number of reviews or fines, according to Claire Massey, founder of Claim Guardians.

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