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Regulator's gaze falls on wholesale insurance

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    • Andrew Pearce

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Regulator is already engaging with insurance trade bodies about wholesale insurance.

The Financial Conduct Authority (FCA) is shifting its gaze towards the regulation of wholesale insurance, a compliance expert has revealed.

Suneeta Padda, head of compliance at Howden, told delegates at an Advantage Regulation forum, that the regulator's focus has switched to the wholesale sector.

She said: "The FCA are engaging with a number of trade bodies in the insurance sector to get an understanding of the proportionality of wholesale regulation, it is very new for the regulator to look at

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