FCA tightens AR rules to cut mis-selling risk

'Regulatory lacuna'

Jenna Brown
clock • 3 min read
FCA tightens AR rules to cut mis-selling risk
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FCA tightens AR rules to cut mis-selling risk

The regulator has introduced tighter rules which make authorised firms more responsible for the actions of their appointed representatives (ARs).

It said the rules would improve oversight of ARs in a bid to stamp out mis-selling and improve consumer outcomes. The new rules mean authorised firms - known as principals - will be more respons...

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