Insight and Intelligence on the London & International Insurance Markets

25 February 2018

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FCA ventures into London distribution minefield

Adam McNestrie 14 November 2017

As the Financial Conduct Authority (FCA) embarks upon its long-trailed review of wholesale distribution in London, it will have to make sense of a complex situation that bears some hallmarks of a crisis.

The value chain is convoluted and the number of players bewildering, as well as gratuitous, and the threat this poses to the market's long-term health is very real.

These challenges also create stress in the system, which has the scope to foster bad conduct and anti-competitive practices...

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This article was published as part of issue November 2017/2

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