The Financial Conduct Authority (FCA) has confirmed it will focus more on market structures after it announced a market study on the wholesale insurance sector and a new review into the general insurance distribution chain. The study is being undertaken to ensure competition in wholesale insurance is effective. The study will look at how companies ensure their practises don’t rise to "market integrity and conduct risks" and then will decide if action is needed. The FCA said that "The findings will help us decide whether, and what, further action is required in this sector." The FCA has also raised concerns about companies IT systems and wants to understand how resilient they are. The FCA said, "The risk of compromise to the integrity of firms' systems, particularly where large volumes of personal and commercially sensitive data exist, is heightened by the increased likelihood of cyber-attack." The FCA confirmed its evaluation of the distribution chain would be complete in the first quarter of the regulatory year ending April 2019. The wholesale insurance market study will be complete at some point in the next year.