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.
FCA goes on tour
Regulator aims to talk face-to-face with around 3,000 firms as it meets businesses, including brokers, across the UK.
Expertise from A-Z - Personal injury reform: Brave new world?
Claims management companies are to come under the remit of the Financial Conduct Authority. What effect will this have on the sector?
FCA cancels permissions for two brokers
Both brokers failed to pay their fees and levies to the regulator.
Chancellor gives Parliament power to appoint or dismiss FCA chief exec
Appointments and renewals to be for five year terms.
FCA and PRA to strengthen decision-making processes
Regulators have published consultation paper to address transparency and effectiveness.
Tracey McDermott to leave the FCA
Regulator confirms McDermott will leave the organisation on 1 July.
Sam Woods named as new PRA chief
Woods replaces Andrew Bailey who is taking over as CEO of the FCA.
InsurTech Futures: FCA commits to innovation
Regulator reveals ‘Regulatory Sandbox’ designed to reduce regulatory burden on innovative firms.
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.