FCA speeds up permission removal process


The FCA added that this new power was available following a change in the law allowing it to streamline and shorten the removals process.

In November the regulator had detailed changes designed to improve the speed and allow senior managers to start civil and crimimal proceedings, cancel permissions and address individual authorisation.

The watchdog updated that it will provide a firm with two warnings if it believes the business is not using its regulatory permission. The FCA will then be

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 info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

If you already have an account, please sign in here.

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: