Insurance Post

FCA publishes reformed approved person's regime for SII firms

Martin Wheatley

The Financial Conduct Authority has today confirmed reforms to the approved person's regime for Solvency II firms including changes to governance arrangements and new conduct rules to encourage appropriate behaviour by staff.

The rules take into account provisions in the Financial Services (Banking Reform) Act 2013 that apply to insurers, changes that the Prudential Regulation Authority is making to its approval regime for

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