Gallagher not expecting 'material adverse effect' from FCA review
Arthur J Gallagher is confident a skilled person review by the Financial Conduct Authority will not have a “material adverse effect” on the firm’s results of operations.
Advisory business KPMG was last month appointed as the skilled person for the review pursuant to section 166 of the UK's Financial Services Markets Act 2000.
Gallagher has vowed to cooperate fully
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