The FCA has provided details on how it is responding to the introduction of regulations intended to tackle problem debt, due to come into force in May, by making a number of changes to its Handbook. Policy Statement PS21/1 is intended to help firms understand clearly...
The government has published a brief summary of the highlights of the budget unveiled by Chancellor Rishi Sunak on 3 March. The key takeaways are summarised, in bullet-point format, under five headings: Covid-19, protecting jobs and livelihoods, strengthening public...
Transport Secretary Grant Shapps has announced that the government no longer intends to implement the EU’s Vnuk motor insurance law. The government believes that scrapping the law, which requires a wide range of vehicles (including ride-on mowers and mobility...
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...
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