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FCA issue guidance on assisting customers with temporary financial difficulties

FCA issue guidance on assisting customers with temporary financial difficulties

The FCA recently issued ‘Coronavirus and customer in temporary financial difficulty: guidance for insurance and premium finance firms.

https://www.fca.org.uk/publications/guidance-consultations/coronavirus-customers-temporary-financial-difficulty-draft-insurance-premium

Whilst the FCA are not seeking formal consultation on this, there is a deadline to feedback any issues by lunchtime Tuesday 5th May with the guidance coming into effect on 13th May 2020.

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