FSCS: failure takes a long time to come through the system

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FSCS: failure takes a long time to come through the system
© Carmen Reichman/FT AdviserMartyn Beauchamp, interim chief executive of the FSCS

Firm failures can take a long time to filter through into the Financial Services Compensation Scheme system with record keeping a key reason, according to the interim chief executive of the FSCS.

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