An article in Automotive Management’s AM Online magazine highlighted new research from premium finance firm Close Brothers Motor Finance which showed worryingly low levels of awareness of the new FCA rules on commission models among motor retailers. Close Brothers’...
A number of brokers and intermediaries who have placed cover for clients’ assets in other EU or EEA countries have recently received requests from insurers to sign new TOBAs. The theory is that having the broker sign an updated TOBA will enable them and the current...
The FCA has launched a consultation on its draft guidance on how insureds can prove the presence of Covid-19 in a particular area around their premises in the context of a BI claim. The consultation closes on 18 January, and the draft guidance can be found here. The...
The ABI has warned UK motorists including hauliers that – unless the EU Commission agrees to include a post-Brexit UK in its Green Card Free Circulation Zone – they will need to carry a Green Card when driving anywhere in the EU after the transition period...
The EU Commission has reminded firms of the urgent need to complete all contingency planning ahead of the end of the Brexit Transitional Period on 31 December, drawing their attention to documents first published in July 2020. The Commission’s guidance for financial...
In its latest Regulation round-up, the FCA included a brief summation of the current state of play in the Supreme Court’s appeal hearing on the Business Interruption test case, now concluded. It noted that Lord Reed recognised the importance of an early judgment for...
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