In its Regulation Roundup published on 15th July 2021, the FCA has reminded firms that from 6th August 2021 it will begin deleting any draft applications within the Connect system which have not been modified for 120 days (so draft applications not modified in any way...
Last week, on 15th July, the FCA issued its 2021/2022 Business Plan which set out the Regulator’s priorities for the coming year over three of the six sections of the Plan; consumer priorities, wholesale markets priorities and priorities across all markets. Within the...
The FCA issued the first phase of the Covid-19 Impact Survey (the resilience surveys) in June 2020, covering around 13,000 firms across 15 Supervision portfolios (Tranche 1), and then rolled this out to a further 9,500 firms in 21 portfolios (Tranche 2) at the...
Insurance HR Solutions (“IHRS”) is the HR arm of the UKGI Group. They offer a tailor made and personal HR Consultancy service that meets the ever-growing HR needs of insurance businesses. With access to a wide variety of HR tools and templates through to expert...
The FCA has fined LBGI (Lloyds Bank General Insurance Limited, St Andrew’s Insurance Plc, Lloyds Bank Insurance Services Limited and Halifax General Insurance Services Limited) £90,688,400 for failing to ensure that language contained within millions of home insurance...
The FCA has issued a Dear CEO letter to general insurance intermediaries stressing the critical importance of maintaining adequate client money safeguards. The letter follows on from the work the FCA has completed in conjunction with its financial resilience surveys...
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