Levy set to jump from £18m to £23m in 2018/19 despite shortening of the accounting period.
Emmanuel Kenning and Siân Barton discuss the key points from the week's news.
Ann Peel, technical consultant at Insurance Compliance Services, urges brokers to take action ahead of the implementation of the Insurance Distribution Directive.
Compliance experts warn that regulator still has appetite for issuing fines.
Randell to take up role on 1 April.
Bluefin being fined £4m by the FCA dominated the interest of Insurance Age’s readers in the final month of there year. There were two stories in the top five but there was also room for a new MGA, a fraud court case and another look at Amazon’s insurance…
David Sparkes calls potential delay a “great” and “sensible” step.
New proposals could see seven month delay.
Insurer joins XL Group in choosing the Republic of Ireland.
Regulator urges insurance industry and clients to be wary of "bogus entity" Bulwark Insurance.
Bluefin's £4m FCA fine has shaken the market and Ida Axling wonders whether this is just the first of many similar stories to come.
The regime replaces Approved Persons and the regulator advised it wanted most transitions to take place automatically.
Last week the regulator fined Bluefin £4m for misleading its customers.
Compliance specialists say brokers need to ensure there are no conflicts of interest.
Regulator says broker failed to manage conflict arising from being owned by Axa in 2011 to 2014.
A number of insurance firms have joined the latest wave as part of the watchdog’s innovation scheme.
Tim Ryan, chairman at Ryan's, discusses the benefits of protecting vulnerable customers and urges brokers to change their thinking.
The regulator paid other firms £647,651 in 2016/17 to conduct the survey.
Rob Wainwright, executive director at Europol, explains how cyber has transformed criminal activity.
Early Day Motion calls on government to make the commitment in upcoming Budget.
The business standards company has developed a code of practice featuring recommendations to help organisations protect vulnerable people from fraud and financial abuse.
Proposed changes include charging fees to firms who still use paper invoices and revised tariff data for calculating insurers’ fees and levies from 2018/19.
GovNet's David Roberts urges brokers to be prepared for GDPR.
Insurance Age meets Insurance Compliance Services' Ann Peel in the first 30 second interview of a new series.