Biba CEO: Brokers should not fear FCA conflict of interest review

steve white biba april10

Simon Green, head of general insurance and protection at the Financial Conduct Authority (FCA), today announced that a thematic review into broker conflicts of interest will take place.

Responding to the announcement made at Insurance Age's 3R's event, White told delegates that the trade body had been expecting a review of this nature "for a number of years" and it had not come as a surprise.

He said that Biba issued two guidance papers to members about conflicts of interest in 2005 and 2006. He

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