Companies House has published updated draft guidance on people with significant control (PSCs). The guidance awaits approval by both Houses of Parliament. The existing guidance remains in force until approved. If, after 40 days, neither House has resolved that the...
The Financial Ombudsman Service has published a news article reminding firms that a new interest rate applies to the compensation it directs financial businesses to make for cases referred to its service on and after 1 January 2026. Following a consultation last...
The FCA has published Handbook Notice 136 which confirmed the Handbook updates relating to (amongst other things) complaints reporting, insurance simplification and non-financial misconduct. In addition, the Notice also confirms further ‘data decommissioning’ in that...
In its latest Regulation Round Up e-mail, the FCA has confirmed that it is undertaking its post-implementation review of the general insurance value measures rules which came into force in 2021. The FCA will be surveying a sample of firms that report value measures...
The FCA has published its latest Quarterly Consultation Paper no. 50, as CP25/35. There are three proposals which will are potentially relevant to general insurance firms, in relation to the decommissioning of certain sections of the REP021 insurance pricing return,...
The Financial Ombudsman Service (FOS) has announced the publication of its 2026/27 Plans and Budget Consultation, stating that it is driving reform and delivering improvements as it sets out its plans for next year. The strategic plans include complaint trends, what...
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