UPDATE – Business Interruption Insurance FCA Test Case
As the FCA is bringing its business interruption insurance test case under its mandate as the conduct regulator of the UK’s financial services sector and given the significance of and public interest in the case, the regulator has been making public what it has been doing. This has included the publication last week of the court papers in which the FCA sets out in detail the questions and arguments it is bringing before the Court for determination. The insurers’ case and arguments should follow next week.
Read the full article here.