FCA outlines key drivers of harm for Lloyd’s and London Market in new ‘Dear CEO’ letter

risk (3)

The letter, which is targeted at Lloyd’s and the London Market intermediaries and MGAs, provides an overview of the areas of focus within the regulator’s supervision strategy

The FCA has published a ‘Dear CEO’ letter addressed to Lloyd’s and London Market intermediaries and MGAs outlining what it believes are the key risks of harm across this marketplace for customers.

Forming part of the FCA’s supervision strategy, the letter – published on 3 November – further informs firms how they should be mitigating the specified key risks and clarifies what the regulator expects of them.

Read more…

If you are already registered, please sign in here

Register now for unlimited access

Register for unlimited access

For continued access to free content on the website please take a few moments to register, or sign in if you have already registered.

  • Keep up to date with the latest industry news
  • Sign up to enewsletters
  • Create a profile and post comments on stories