Biba urges FCA to be "quicker off the mark" in tackling online fraud


The British Insurance Brokers’ Association (Biba) has urged the Financial Conduct Authority (FCA) to act faster to stop fraudulent activity online, following the news from last week that the regulator had failed to stop a clone broker on Facebook.

Biba executive director Graeme Trudgill told Insurance Age: “The FCA does police the perimeter, but as this episode demonstrates you could argue that they could be quicker off the mark with something like this, than perhaps they have been.”


To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: