FCA: ‘Too many firms’ failing on product oversight standards
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FCA: ‘Too many firms’ failing on product oversight standards

Marcel Le Gouais
26 August 2021
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The Financial Conduct Authority (FCA) has warned that too many insurers are not fully satisfying standards on product oversight and many are unprepared to meet an incoming deadline for new rules on product governance.

Issuing findings from a review of 20 firms, in which the regulator assessed how carriers had implemented Covid-19 guidelines around product value and how businesses had responded to guidance on the GI distribution chain, the FCA set out where...

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Topics

FCA News Regulation
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Marcel Le Gouais
Deputy Editor
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