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February 25, 2019

London’s Financial Conduct Authority published its final report on the Wholesale Insurance Broker Market last week, concluding that there is no evidence of significant levels of harm that merit the introduction of intrusive remedies.

The study was launched in November 2017 to assess how effectively competition is working in the wholesale sector. While the report is final, the FCA did identify some areas which it said can be addressed within its usual supervisory processes.

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