The FCA has published a Discussion Paper DP24/1 about the regulation of commercial and bespoke insurance business. The FCA wants to ensure that customers in the commercial insurance market are protected appropriately, while also not placing unnecessary regulatory...
The FCA is asking for views on whether, where and how it can refine and simplify its retail conduct rules and guidance, whilst still ensuring that it continues to support and protect consumers. The FCA particularly wants to address potential areas of complexity,...
At its “Consumer Duty: One year on” webinar (recording here), Sheldon Mills, FCA Executive Director of consumers and competition, delivered a speech reflecting on the first year of Consumer Duty. A transcript of the webinar is also available. ·In considering the...
At the FCA’s “Consumer Duty: One year on” webinar (recording here), Abby Thomas, the FOS Chief Executive and Chief Ombudsman, delivered a speech reflecting on the first year of Consumer Duty. The speech covered the role of FOS, the impact the Consumer Duty has had on...
The FCA has issued four sets pf publications to try to reduce the regulatory burden on firms whilst at the same time supporting growth and competitiveness and avoiding consumer harm. The FCA, through this review, is seeking to establish whether the rules governing...
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