FCA will not stop insurance firms from failing on Covid pressures

The newly installed chief executive of the Financial Conduct Authority (FCA) has warned it is not a “zero-failure regulator” and cannot protect insurers and other firms under its watch from going bust due to the financial pressures of the coronavirus crisis.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@thomsonreuters.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com