In a speech delivered at the launch of the HM Treasury Women in Finance Charter Annual Review, FCA CEO Nikhil Rathi insisted that the regulator sees diversity and inclusion as regulatory issues. ‘As an employer, Rathi said, ‘we are determined to improve our own...
Following the conclusion of the Business Interruption insurance test case, the FCA has published a list of BI policies capable of responding to the Covid-19 pandemic. Back in January, the FCA sent a Dear CEO letter to insurers impacted by the business interruption...
The FCA has said it is aware of a number of similar frauds carried out within the insurance sector involving cybercriminals gaining access to the email accounts of insurers and insureds and then transferring significant sums of money into fraudsters’ accounts. The...
The minutes from the FCA board meeting of 28 January have been published, following the customary four to six week delay. Highlights of the meeting included a chief executive’s report, covering topics including: The impact of Covid-19 and its impact on the regulator’s...
The FCA has provided details on how it is responding to the introduction of regulations intended to tackle problem debt, due to come into force in May, by making a number of changes to its Handbook. Policy Statement PS21/1 is intended to help firms understand clearly...
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