FCA to introduce new financial resilience reporting impacting brokers and MGAs
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FCA to introduce new financial resilience reporting impacting brokers and MGAs

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The Financial Conduct Authority (FCA) is set to introduce a new regulatory reporting requirement covering financial resilience which will impact brokers and MGAs, among others.

The regulator’s business plan for 2023/24, published today, said it will require 20,000 solo regulated financial services firms to provide a baseline level of information about their financial resilience.

This

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