The ABI and a number of big-name insurers are among those showing cautious interest in the potential formation of a state-backed reinsurance scheme to help the market contend with future pandemics. An article in Law360 reports that RSA director Nick Kitchen, a member...
The UK government has welcomed the draft UK data adequacy decisions on the processing of personal data recently published by the European Commission. If adopted, the Commission’s decisions will allow personal data to continue flowing freely from the EU to the UK,...
The FCA has entered into a Memorandum of Understanding with the Equality and Human Rights Commission (EHRC) setting out a framework intended to support working arrangements between the two bodies. The document is designed to help the FCA and EHRC meet their...
The FCA has announced publication of its final guidance on what it expects of firms in terms of treating vulnerable customers fairly. In issuing this final guidance the regulator intends to drive improvements in how firms treat vulnerable consumers – so that...
The FCA’s Individual Conduct Rules, which set minimum standards of behaviour for individuals working in financial services, come into force for all staff on 31 March 2021. The FCA is extending the Conduct Rules to a broad range of staff, beyond those in in...
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