FCA letter questions brokers’ understanding of product governance rules
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free trial
  • Log in

FCA letter questions brokers’ understanding of product governance rules

Luke Harrison
21 October 2021
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email

The Financial Conduct Authority (FCA) has written a letter to brokers warning that they have failed to understand the impact of product-governance rules on their businesses.

The letter also suggests many brokers believe they are neither a “manufacturer” nor a “distributor” of insurance products and are, therefore, unbound by the new rules.

However,

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

Regulation London market News
Luke_Harrison.png
Luke Harrison
Reporter
Gift this article