Practice RegulationRegulation

FCA calls for ‘fair and sustainable’ FSCS

The FCA said it is committed to ‘stabilising’ and ‘reducing’ the size of the compensation levy over time, by improving the conduct of firms to prevent harm from happening in the first place

The FCA has published a discussion paper aimed at maintaining a compensation framework that provides “appropriate” protection for consumers, funded in a “fair” and “sustainable” way.

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