BIBA considers setting up virtual compliance network.

The British Insurance Brokers' Association is considering setting up a virtual compliance network to...

The British Insurance Brokers' Association is considering setting up
a virtual compliance network to help members comply with the Financial
Services Authority's regulatory regime.


Mike Williams, chief executive of BIBA, told Professional Broking's sister
title Post Magazine that the organisation was looking at how best to help
its members deal with the new regulatory regime.


One option for a compliance support mechanism is to develop a set of
frameworks, and action plans for members' use, along the

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FCA warns on Tempcover clone

The Financial Conduct Authority has issued a warning of fraudsters trying to scam people by pretending to be short-term car insurance specialist broker Tempcover including on TikTok.

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