The FCA has announced that it will simplify its insurance rules, publishing Consultation Paper CP25/12. The Regulator plans to strip outdated or duplicated requirements from its insurance rulebook, having asked what improvements it could make. The Consultation comes...
The FCA has published it latest 6-monthly Appointed Representatives data, showing the numbers of ARs in different financial services sectors and the revenue generated by ARs in those sectors. As at February 2025, the UK AR population was 33.831, compared to 38,184 in...
The FCA has published its Policy Statement PS25/3 setting out its replacement reporting requirements for consumer credit firms with credit broking, debt adjusting, debt counselling and providing credit information services Permissions – the new CCR009 return. UKGI...
New research commissioned by BIBA, and undertaken by London Economics, reveals that regulation costs amount to 5.2% of insurance premiums collected. This breaks down as 3.3% for insurance brokers, and 1.9% for insurers, with costs being higher for brokers despite...
Following its publication of a raft of guidance in relation to its consumer law oversight, the CMA has supported its published stance in a speech delivered on 29th April by Emma Cochrane, the CMS’s Acting Executive Director, Consumer Protection, at the Keystone /...
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