Nikhil Rathi, the FCA CEO, has announced the publication of the FCA Business Plan 2022/23, continuing to set out the re-shaping and transformation of the FCA in what is his second FCA Business Plan. This has been issued alongside a new three-year Strategy document,...
In our latest Bulletin (336), we set out a reminder in relation to tailoring the income figures for FOS and FSCS in section J of your year-end RMAR (RMA-J). This is something that we are asked about regularly, particularly at this time of year when many firms’...
In PS21/5 the FCA confirmed Senior Managers must attest annually that their firm has complied with General Insurance (GI) Pricing Practices rules found in ICOBS 6B. A survey, together with covering letter, was sent out in January to premium finance providers and...
The FCA is set to issue the sixth round of its Covid-19 Impact Survey to firms within the Tranche 2 Supervision portfolios. The survey is the same version that was issued to firms within Tranche 1 Supervision portfolios; it will include the same 9 questions in total...
In November 2020 the FCA published a Consultation Paper CP 20/22 outlining proposed policy changes to the way the FCA will apply fees from 2021/22. This was followed by a further Consultation Paper in April 2021 which included feedback on the proposals outlined in...
The FCA has sent an e-mail to insurance firms to remind them about the REP019 General Insurance Value Measures Report. As a result of new FCA rules relating to insurer ‘value measures reporting’ for most consumer insurance products, the FCA has added a new RegData...
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