Following the Supreme Court judgment on the BI test case, the FCA has sent out a Dear CEO letter clarifying what happens next and what it expects of insurers and managing agents. The FCA says it intends to see that all businesses with valid BI claims receive payments...
The FCA is once again asking firms for the information it needs to calculate levies for the Financial Services Compensation Scheme (FSCS). The regulator has issued a guidance document on the data firms need to include in their fee tariff data submissions. This applies...
The FCA and the Prudential Regulation Authority (PRA) are consulting on proposals for the annual Management Expenses Levy Limit (MELL) for the Financial Services Compensation Scheme (FSCS) for the financial year 2021/22. The MELL covers the FSCS’s ongoing operating...
A 21 January speech by FCA senior adviser Georgina Philippou outlined why diversity and inclusion matter to the regulator and what it is doing about it. Philippou acknowledged that there is a general lack of diversity in the financial services sector, which, she said,...
We wrote recently in one of these blogs about FCA’s financial resilience survey, a subject that seems worth coming back to – not least because we’ve heard from a number of firms looking for assistance around some of the issue raised. One of the report’s headline...
The FCA has announced that more than half of the firms who previously submitted their regulatory data via the Gabriel system are now using RegData. It is also now inviting firms who have moved to RegData to complete a short survey feeding back on their experience of...
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
