Legal News

FCA predicts hurdles to Consumer Duty on closed insurance

Published on: 21 February 2023
Published by a Law360 reporter

Article summary

Law360, London: The Financial Conduct Authority (FCA) said on 21 February 2023 that it expects 'significant issues' in applying new consumer protection rules to life insurance companies with vast books of so-called closed business that are no longer marketing services.

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