News
FCA publishes the General Insurance Value Measures Data for 2022
In the FCA’s latest data, and from its ongoing interactions with firms, there are indications that...
FCA reminds firms about ICO guidance in relation to direct marketing and regulatory communications
The FCA has updated its ‘Consumer Duty – information for firms’ page to remind firms about data...
FCA confirms the move to seven-digit Firm Reference Numbers (FRNs) and Product Reference Numbers (PRNs)
The FCA announced in June last year that it would eventually be moving to seven-digit Firm...
FCA issues thematic questionnaire about product governance, oversight, fair value and distribution chains
The FCA has commenced a second wave of product oversight and governance thematic review work, to...
FCA writes to and provides an update for Principal firms about the inclusion of their ARs in their PII cover
The FCA has written to Principal firms by e-mail in relation to their PII cover, setting out its...
FCA publishes review results – good and poor practice in the general insurance market
In December 2022, the FCA issued a questionnaire to a selection of the largest general insurance...
FCA publishes a Consumer Duty ‘One month to go’ web page with ten questions to consider
The FCA has published or updated three web pages in relation to the Consumer Duty, one of which is...
FCA publishes a warning about the use of MOVEit software
The FCA has published a web page in relation to a vulnerability to the file transfer application...
Financial Ombudsman Service reveals top five most complained about products
The Financial Ombudsman Service (FOS) has published its annual complaints data from April 2022 /...
The FCA’S Consumer Duty assessment of product value frameworks
For insurance firms, the requirement to apply a ‘fair value for a reasonably foreseeable period’...