Briefing: FCA comes out swinging for insurance outliers

bring the hammer down regulation

The regulator has placed Gap insurance firmly in its crosshairs – but that is no let off for the wider sector

By acting editor Yiannis Kotoulas

Well, the FCA did warn us that it was going to become more assertive

Even before the implementation of its flagship Consumer Duty piece of regulation at the end of July this year, the regulator had made clear that it would be bringing the hammer down on firms who did not comply with its rules.

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