Financial Conduct Authority (FCA)
FCA 2016/17 core fees reduced for brokers
However 1.6% reduction could be offset by addition of consumer credit costs.
Flood Re publishes list of insurers
Aviva, Hiscox, Legal & General, LV and More Than among firms which will offer policies backed by the scheme.
Blog: The FCA’s £53,161.71 a mile taxi ride
Some random calculations on the cost of finding the regulator’s new CEO.
Flood Re receives regulatory approval
Organisation confirms 4 April launch date.
FCA spent over £200,000 recruiting Andrew Bailey
Regulator interviewed four candidates for the CEO role.
GI complaints fall 3%
FCA reveals that non-PPI general insurance complaints fell to 296,505 between July and December 2015.
FOS confirms £226.5m budget for 2016/17
FCA to consult on allocation of compulsory jurisdiction levy.
Biba urges FCA to clarify add-on wording
The language around accidental damage in regulator's policy document needs to be clearer says Biba CEO Steve White.
CII publishes Senior Insurance Managers Regime guidance
Behaviour guide published as new FCA rules come into force.
Technology and big data key focuses for the FCA in 2016
Director of general insurance and protection Simon Green says 2016 will be year of significant change.
FCA to issue claims ‘scorecards’
Pilot project will see general insurance firms be compared by regulator across a “small number of products”.
Industry welcomes “regulation heavyweight” to FCA role
Insurers broadly applaud Andrew Bailey’s appointment to the top job at the FCA, but brokers express concern over the regulator’s promotion of an “establishment” figure
The FCA's pressure on smaller brokers
Ida Axling looks into the issue of disproportionate regulation.
FCA welcomes NAO report on mis-selling
Regulator says it accepts the findings.
NAO issues warning on FCA's value for money over mis-selling
National Audit Office says the FCA cannot be confident that its actions are reducing the overall level of mis-selling.
Concordia launches Broker Protect
MGA says product is specifically designed for brokers and covers employment-related risks.
Smaller brokers are being pushed out of market, says MP
Politicians and Biba criticise FCA for burden of regulation on insurance brokers.
MP criticises distorted FCA funding in Parliament
Former broker Craig Tracey MP says FCA regulation of the insurance industry is not proportionate.
FCA, FOS, FSCS branded “not fit for purpose”
MPs raise Early Day Motion in Parliament.
Is the FCA too obsessed by price?
There is more to insurance than price alone and the regulator’s price comparison suggestion should be opposed, argues Tony Cornell
FCA hands out £15.5m of fines for solicitors’ PI and other insurance schemes’ failures
First ever fine for a person for undertaking FCA regulated activities without approval.
Broking Break: Your top five on Friday
What has been the most interesting news this week? Catch up with our most read stories in our weekly roundup.
New FCA boss says no return to "shoot first" mentality
Andrew Bailey to take softer approach than Martin Wheatley.
Biba welcomes new FCA boss
Brokers admit to not having heard of new appointee.