Continental Europe primed to adopt Consumer Duty type rules as ‘alignment between regulators’ gains prominence

Continental Europe

French industry leader believes the UK’s ‘regulatory focus’ for general insurance oversight is set to ‘become the new norm in Continental Europe’

Regulators overseeing insurance markets in Continental Europe are increasingly opting to follow the UK’s lead and learnings, with market participants signposting that the FCA’s Consumer Duty regulation is likely to be mirrored and introduced in jurisdictions such as France.

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