The FCA has published a new page on its website providing guidance about preparing your firm’s wind-down plan. Wind-down plans help firms exit the market in an orderly manner if their business is no longer viable. The web page makes reference to the Wind Down...
Against the backdrop of issuing nine separate enforcement notices in relation to the monitoring of employees by using their biometric data, the Information Commissioner’s Office (ICO) has published a significant new section on its website outlining detailed new...
In Autumn 2023 the FCA conducted a survey of 634 firms that had not been surveyed previously. The FCA was particularly interested in how smaller firms (1-49 employees) had implemented the Duty and whether firms had made changes to their consumer contracts and...
Sheldon Mills, FCA Executive Director, Consumers and Competition, has given a speech looking ahead to the deadline for ‘closed products’. Mills addresses some of the challenges firms are facing and sets out that the FCA expects firms to have a clear roadmap to comply...
On the 6th February, the FCA sent a letter to wholesale insurers and intermediaries requesting data on incidents of non-financial misconduct and how they are dealt with, and indicated that banks and brokers will be next to be contacted. The survey forms part of the...
According to the latest ABI Household Premium Tracker, after multiple storms hit the UK, the average house insurance premium rose by 4% in the last quarter of 2023 and with recent widespread flooding across the UK, it is thought that premiums could rise again. The...
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.
