Regulation roundup: Fair’s fair
Biba’s David Sparkes shines the spotlight on fair value and vulnerable customers in our new quarterly examination of the regulatory landscape
David Sparkes (ACII) is head of compliance and training BibaAt the beginning of 2021, I commented in our quarterly regulatory update for members, Compliance Rules, that “only time will tell”. This related to the Financial Conduct Authority’s (FCA) general insurance pricing work – the detail within and the timescales for completion. No review of 2021’s regulatory landscape would be complete without discussing some aspects of it.
Though the ABI and Biba had in
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