Covid-19: FCA seeks to extend measures to help insurance customers who are struggling financially

money-uk

The Financial Conduct Authority (FCA) has proposed to extend a series of temporary measures to help insurance and premium finance customers who may be in financial difficulties due to Covid-19.

The regulator first implemented the measures, which require firms to consider what options they can provide to customers, on 18 May.

It is now seeking comments by 5pm on Tuesday 28 July on its proposal to extend this guidance until 31 October 2020.

The watchdog further urged businesses to continue to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

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: