Analysis: FCA sets sights on broker failures
The Financial Conduct Authority’s Dear CEO letter at the start of September revisited its concerns about insurance intermediaries being at risk of financial failure during the Covid-19 crisis and the need to plan for orderly wind-downs.
Specialists across the market acknowledge the need for vigilance but predict only those in certain niches are truly in danger.
The Financial Conduct Authority was right to warn of the potential for
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