Financial Conduct Authority (FCA)
The Financial Conduct Authority is the conduct regulator for 59,000 financial services firms and financial markets in the UK and the prudential supervisor for 49,000 firms, setting specific standards for 19,000 firms.
Opinion: Applying the new regime
With the Senior Managers and Certification Regime set to be applied next year, Mike Cranny guides you through the main elements involved and advises you not to panic
Insurance Cares: Insuring customer journeys
Eric Leenders of UK Finance explains how developments in how banks help vulnerable customers prove that the insurance sector can achieve the same outcomes.
The Blog Spot: It’s right to raise awareness ahead of PPI termination date
Arnold Schwarzenegger is being paid a lot to warn people that the deadline for claiming PPI is fast approaching and Siân Barton agrees awareness should be raised.
Broking break: Your Top Five
Deals, bribery offences, Arnold Schwarzenegger and Kanye West hit the headlines this week and make up the five most popular stories.
Quizzical questions: 1 September 2017
Test your knowledge of the week's news with our topical quiz.
Arnold Schwarzenegger to front FCA's ad campaign on PPI deadline
The Terminator actor will urge people to make a decision about filing a PPI complaint.
Insurance Cares: Biba calls for signposting
Biba’s Graeme Trudgill explains why signposting is a key element of helping vulnerable customers access insurance.
Broking break: Your Top Five
Marmalade, the Financial Conduct Authority, Gable and Moneysupermarket.com hit the headlines this week, with new products, regulation updates, return payments and a fine.
Quizzical questions: 28 July 2017
Test your knowledge of the week's news with our topical quiz.
Biba tells brokers not to panic about the senior management regime
Head of compliance and training David Sparkes says brokers who are compliant with current rules won't see many difficult changes.
FCA proposes to extend the senior management regime to more firms
Under the proposals almost all regulated firms, including brokers, will have to comply with the senior management and certification regime.
#Insagepeople: 24 - 30 July 2017
Keep up to date with the latest people moves.
FCA publishes IDD plans
Regulator continues its consultation on how to implement the Insurance Distribution Directive.
Firms' Brexit contingency plans may lead to difficulties, says FCA
CEO Andrew Bailey states firms making plans before knowing the outcome of Brexit negotiations may find themselves in a difficult situation.
N Brown faces £40m bill after insurance product flaw
Fashion brand says this follows review prompted by the FCA's crackdown on add-ons.
InsurTech Futures: By Miles authorised by the FCA
The pay-per-mile motor start-up recently received a £350,000 investment ahead of its UK launch.
Quizzical questions: 7 July 2017
Test your knowledge of the week's news with our topical quiz.
Broking Break: Your top five of the week
A Gumball blog, solvency figures, new software, warnings for brokers and an insurer closing were voted the top five stories by brokers’ clicks over the week.
FCA boss Andrew Bailey gets £449,000 pay package
Total included £65,000 performance bonus.
Profit after tax up 34% at Moorhouse in 2016
According to the broker 2016 saw it develop both its direct and wholesale businesses “driving top line income”.
News analysis: FCA sends warning on renewal rules
The industry reacts after the regulator clamped down on Admiral over renewal wordings
FCA in the cold on European Brexit talks
Chief Andrew Bailey confirms that the regulator is not involved in all regulatory discussions on the UK’s EU exit.
Insurance Cares: FCA calls for “meaningful change” for vulnerable customers
Christopher Woolard calls on sector to work together to help customers with pre-existing medical conditions gain access to insurance.
#Insagepeople: 26 June - 02 July 2017
Keep up to date with the latest people moves.