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FCA to crackdown on insurers over ethnicity pricing penalty

FCA

The FCA will take enforcement action against insurers who fail to strip data biased against ethnic minority groups out of their product pricing and services, law firm Browne Jacobson has warned.

Jeniz White, financial services associate at Browne Jacobson, said the regulator’s current equality, diversity and inclusion recruitment drive showed it “is looking to build capacity in this area” and

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