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FCA trials automated forms to ease authorisations backlog

The Financial Conduct Authority has said it is trialling automated forms to speed the authorisation process for firms seeking regulatory approval. FCA said it has already slashed by 40% the pending authorisations backlog in the last year. ....

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Insurance Brokers: Serving Consumers And Businesses In Times Of Uncertainty And Change - Speech By Sheldon Mills, UK Financial Conduct Authority, Executive Director, Consumers And Competition, Delivered At The British Insurance Brokers' Association (BIBA) Conference

<h2>Highlights</h2> <ul> <li>Brokers play a vital role in helping consumers and businesses access the insurance products they need, especially in times of uncertainty,&nbsp;safeguarding them against unexpected financial losses.</li> <li>We want to support competition, innovation and growth in the sector &ndash; like other parts of the financial system where we are seeing innovation and disruption through technology, data-sharing, and novel business models.&nbsp;</li> <li>Our regulation takes into account the size and complexity of regulated businesses, but we are mindful of our impact on smaller firms, and we are playing close attention to the views of different stakeholders as we review our regulatory and redress framework.</li> <li>Insurance brokers have the power to deliver social good, through helping consumers and businesses manage risks, supporting the UK&rsquo ....

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FCA's Rathi launches new approach for young firms

Nikhil Rathi, CEO of the Financial Conduct Authority, has said “clear lines” are needed around crypto ....

United Kingdom , Financial Services Compensation Scheme , City Week , United Kingdom Government , High Growth Oversight , High Growth , Nikhil Rathi ,

FCA's Rathi launches new approach for young firms

FCA's Rathi launches new approach for young firms
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