FCA publishes its latest update to its Perimeter Report

The FCA has updated its Perimeter Report, which continues to be published in the form of an updated web page.  It is difficult, therefore, to assess which elements of the Report are new.

There is nothing of significance which is new, and no significant updates in relation to the GI sector, but it does contain some updated details in relation to progress in the last 12 months in some areas.

There is updated commentary in the Report about outsourcing and third-party service providers, overseas insurers and what amounts to carrying on insurance business in the UK, the use of Group policies by unauthorised entities, exemptions in the Financial Promotions Order (high net worth clients) and financial promotions on social media.

UKGI is a trading style of UKGI Limited and UKGI Services Limited which are wholly owned subsidiaries within UKGI Group Ltd. UKGI Limited Registered in England No. 03544014. UKGI Services Limited registered in England No. 04953835. All Registered Offices Number 22 Mount Ephraim, Tunbridge Wells, England TN4 8AS. VAT registration number 347 2664 82.