Following a consultation in August last year the FCA has announced it will be extending the number of firms required to submit an annual financial crime reporting (REP-CRIM) form, from 2,500 to around 7,000. Completed and returned REP-CRIM forms provide the FCA with...
Based on data gathered by the FCA from insurers, it has emerged that 10,207 of the 21,140 BI policyholders who have had claims accepted have received at least an interim payment. Earlier this week, the FCA announced the publication of the first set of data collected...
We wrote recently in one of these blogs about FCA’s financial resilience survey, a subject that seems worth coming back to – not least because we’ve heard from a number of firms looking for assistance around some of the issue raised. One of the report’s headline...
The FCA has announced that more than half of the firms who previously submitted their regulatory data via the Gabriel system are now using RegData. It is also now inviting firms who have moved to RegData to complete a short survey feeding back on their experience of...
The FCA has published an extensive set of questions and answers on issues relating to its proposed remedies for perceived problems around the pricing of home and motor insurance in the UK. This follows the publication in September last year of the final report on the...
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