FCA says it will ensure ‘the polluter pays’ in FSCS review update
The main theme of feedback to a recent review of the Financial Services Compensation Scheme was the importance of firms improving their conduct to reduce the frequency at which the scheme is called into action, the Financial Conduct Authority has said.
The FCA launched the review into the scheme last December, after increasing compensation costs associated with failed firms prompted questions over the fairness of the levies through which the FSCS is
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