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The Financial Services Conduct Authority (FSCA) has instructed the Financial Planning Institute (FPI) to discontinue the delivery of the Regulatory Examination (RE) with immediate effect. This comes after the FSCA was alerted by a third party to alleged irregularities in the delivery of the exam. All current and future exams will now be delivered by exam body Moonstone until further notice.
Following a seven-year planning process, the Financial Sector Conduct Authority (FSCA) was finally launched in June 2018.
FSCA warns the public against FTO Capital
When Twin Peaks was implemented in April, a whole new approach to regulation was brought into a market that was already facing massive regulatory reforms. Because of this, a few seeds of concern took root within the industry. There were a lot of questions that needed to be answered, and concerns that needed to be addressed.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?