The FCA has published an extensive set of questions and answers on issues relating to its proposed remedies for perceived problems around the pricing of home and motor insurance in the UK. This follows the publication in September last year of the final report on the...
The FCA has updated its guidance to lenders on the treatment of mortgage and consumer credit borrowers experiencing payment difficulties as a result of Covid-19. In November last year, the FCA said mortgage lenders should not enforce repossessions prior to 31 January...
The Competition and Markets Authority (CMA) has reminded private motor brokers and insurers that they need to submit their annual compliance reports by 1 February. Submitting a CMA compliance report is a requirement under the CMA’s Private Motor Insurance Market...
The FCA recently issued an update on what it expects of firms using Appointed Representatives (ARs) during the Covid-19 pandemic. Earlier this year, the regulator allowed some additional flexibility for firms using ARs. Now that firms have had some time to adjust to...
The FCA has published the findings of a survey sent to 23,000 solo-regulated firms across a range of financial services sectors to asses the effects of Covid-19 on their financial resilience. The financial resilience survey was one of a range of ways in which the FCA...
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