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FCA writes to insurance product manufacturers and distributors about the deadline for compliance with the insurance pricing product governance remedy
On Friday 29th July the FCA e-mailed letters to all firms with general insurance permissions and...
FCA confirms new rules to improve oversight of Appointed Representatives
Appointed Representatives (ARs) are not regulated by the FCA, so it is Principal Firms’...
FSCS, insurer solvency and using overseas / unrated insurers
The FSCS has published its Annual Report and Accounts and the accompanying Class Statements. This...
FCA issues Policy Statement PS22/7: FCA regulated fees and levies 2022/23
The FCA has published the 2022/23 periodic regulatory fees and levies for the FCA, FOS, the Money...
The FCA delivers a message to insurance brokers
John King is a former manager at the FCA, with 16 years of experience of working in insurance...
Lloyds Bank – Undesignated Client Money Accounts
We have recently been made aware that Lloyds Bank and Bank of Scotland (part of the Lloyds Banking...
FCA issues second Consumer Duty consultation
Building on its plans for the proposed new Consumer Duty the FCA has issued a further Consultation...
FCA Appointed Representatives Consultation Paper CP21/34
As anticipated the FCA has issued a press release and launched a consultation on improving the...
Financial Ombudsman Service publishes feedback on proactive complaints settlement and outcome reporting
Last month we published a news item about the Financial Ombudsman Service (FOS) publishing a...
FCA – firms not ready to meet product governance 1st October deadline
The FCA has raised concerns about firms failing to meet the new, enhanced product governance...