FCA will use ‘full range’ of regulatory tools and powers to ensure insurers meet expectations after BI ruling
The Financial Conduct Authority has set out the next steps it expects insurers to take after the Supreme Court judgment on the Covid-19 business interruption claims test case last Friday.
In a Dear CEO letter to insurers today, Sheldon Mills, executive director of consumers and competition at the FCA, said the judgment brought “clarity and certainty for all parties”.
He warned: “It is
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