Financial Conduct Authority (FCA)
FCA appoints interim CEO
Current incumbent Andrew Bailey joins the Bank of England as governor on 16 March.
The Blog Spot: Breaking barriers to insurance
As Biba focuses on improving access to insurance in its manifesto, commissioning editor Laurence Eastham considers where changes will occur in 2020.
Biba focuses on access to insurance in 2020 manifesto
Manifesto includes 37 commitments and 29 calls for action across nine key areas including regulation, broking challenges, Brexit, and transport.
CMA urges regulators to put "strong remedies" in place to end loyalty penalty
Government body welcomes the FCA's proposition to ban dual pricing as it publishes update a year on from the Citizens Advice super-complaint.
By Miles receives FCA ‘open banking’ licence
InsurTech will be able to access the financial data of consenting customers.
FSCS levy hike reignites call for separate broker pot
Expected broker levy rose to £23m for 2020/21 after spike in PPI complaints.
Former FCA insider develops compliance platform for brokers
Industry veteran Michael Sicsic partners with Governor Software to help brokers and insurers digitalise key compliance processes in a changing regulatory environment.
Strategy reform reveals FCA data drive
The watchdog wants to use automation to deepen understanding of markets but has been warned against developing an over-simplified view of the market.
FCA warns insurance managers to tackle misconduct
Not addressing non-financial misconduct may lead managers to fail the SM&CR.
Christmas Q&A with Michael Lawrence and Simon Mabb
Michael Lawrence, broker distribution and underwriting director at LV, considers the headlines of 2019 and Simon Mabb, group managing director at Romero Insurance Brokers, predicts those of 2020.
Christmas Q&A with Sarah Mallaby and Peter Blanc
Sarah Mallaby, director of broker markets at Allianz, reviews 2019 and Peter Blanc, group CEO at Aston Lark, looks ahead to 2020.
Whistleblowing failures prompt regulatory intervention at Lloyd’s
PRA has laid down new rules after the Society of Lloyd’s disclosed that it had not maintained an anonymous whistleblowing channel for 16 months.
Christmas Q&A with Andrew Alcock and Phil Bayles
Andrew Alcock, COO at TH March, reviews the events of 2019 and Phil Bayles, CDO at Aviva, outlines what we can expect from the New Year.
Christmas Q&A with Alastair Christopherson
Alastair Christopherson, group managing director at The County Group, shares his reflections on 2019 and how brokers should be preparing for the year ahead.
FCA head Andrew Bailey named as Bank of England governor
He will take over the position from Mark Carney on 16 March 2020.
Christmas Q&A with Andrew Brown-Allan
Andrew Brown-Allan, CMO at Carrot Insurance, explains his year in insurance and what we can expect next.
Christmas Q&A with David Martin and Ashwin Mistry
David Martin, head of retail management at Zurich UK, looks back at 2019 and Ashwin Mistry, chairman at Brokerbility, looks forward to 2020.
FCA posts fresh clone broker warning
Regulator says fraudsters are using details of authorised firm MEM Insurance Brokers to target people in the UK.
2019 in review: October's top stories
Readers were most interested by the decision of MS Amlin to exit nine lines of business following a strategy review.
FCA launches call for input on open finance
Regulator is looking to extend the principles of open banking to other sectors including general insurance.
Blog: Is it curtains for net-rated products?
Ann Peel, technical consultant at Insurance Compliance Services, discusses the potential impact of the FCA's latest interventions.
FCA penalties bring in £227m as crackdown on misconduct grows
Data from the regulator shows a sharp increase in the number of warnings issued to the market.
Consumers expect action on dual pricing, reports CII
CII survey highlights there is more for the industry to do to tackle the loyalty penalty.
Fitch Ratings predicts fall in insurer profitability in 2020
Fitch warns that the FCA's potential ban on dual pricing can lead to "significant strain" as it declares a negative outlook for UK home and motor insurers.