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FCA outlines insurance regulation plans

FCA mulls legal powers for USD Libor holdouts

The Financial Conduct Authority has promised to improve access to insurance, scrutinise claims handling, get to grips with artificial intelligence and cyber risks, plus slash red tape over the year ahead.

In a 17-page report, titled Regulatory Priorities: Insurance, Graeme Reynolds, interim director of insurance at the FCA, outlined what general insurers can expect from the watchdog in 2026.

“Our goal

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