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ABI comments on the Davis Review into the FCAs handling of publicity around its Business Plan

The Financial Conduct Authority (FCA) has today published the Davis Review into the FCA’s handling of publicity around its Business Plan. 

Commenting on the publication of the Davis Review, Otto Thoresen, Director General Association of British Insurers, said:

Otto Thoresen“We welcome the publication of Simon Davis’ Inquiry into the FCA’s handling of publicity surrounding their Business Plan earlier this year.

“There are comprehensive FCA rules about the treatment of market-sensitive information, and it is important for the confidence of the markets that it should always be treated with the utmost care.

“The ABI is committed to a good working relationship with our regulators and we respect the regulators’ need to make sound judgements without undue interference. We also welcome the fact that the FCA has worked hard to keep communications open with the insurance industry and hope that this will continue. We make every effort to ensure the necessary flow of information between the regulator and the regulated, and we will continue to work hard to deliver our part in that essential dialogue in the future.”

Last updated 01/07/2016