FCA to launch enquiry into wholesale insurance brokers
Regulator aims to ensure the wholesale market "fosters innovation and competition".
The Financial Conduct Authority (FCA) is launching a study into the wholesale insurance broking market this week, according to the Financial Times.
The regulator first announced it would conduct a market study into the wholesale insurance market in its Business Plan for 2017/18, which was published in April this year.
It stated at the time that the aim was to “ensure that the wholesale insurance market is working well and fosters innovation and competition in the interests of a diverse range
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