The UK’s Financial Conduct Authority (FCA) has ordered (re)insurance brokers to strengthen their wind-down plans after a review of the sector’s liquidity arrangements for potential firm failures raised “substantial” concerns over processes and risk management frameworks.
For details on how to subscribe or for all commercial opportunities, including advertising, please contact:
Tel: +44 (0) 203 934 6687
Tel: +44 (0) 203 934 6684
Subscribers get access to: