In our Compliance corner this month we have a reminder about the “Dear CEO” letter issued to insurance intermediaries last year and information clarifying our understanding of the current position for insurance brokers now the Brexit transition period has come to an end.
FCA Supervision Strategy for Intermediaries
The FCA have grouped firms with similar business models into at least 1 of approximately 40 portfolios. Supervisory strategies for each portfolio are being developed to allow FCA to monitor all firms effectively and target those firms that pose the greatest risk of harm.
Cobra network members will fall into the personal . . .
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