Principal Firms – Time to Act
Final rules to the FCA's Appointed Representative Regime
A directly authorised insurance business can be defined as a company given permission to provide insurance in the UK and supervised by the Financial Conduct Authority (FCA).
As the FCA increases its focus on the AR sector Principal Firms should be looking to automate the routine monitoring that is so vital to maintaining a compliant portfolio of Appointed Representatives.
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Final rules to the FCA's Appointed Representative Regime