Regulation
FCA insurance skilled person investigations tick up again
The Financial Conduct Authority commissioned two skilled person reports in the insurance sector during the second quarter of 2025/26, following on from one in Q1 and a recent record total in 2024/25.
Festive gatherings and legal pitfalls
Work-related parties should be treated as an extension of the workplace with both employers and employees conducting themselves appropriately. With Christmas party season fast approaching, this blog takes a look at the new duty on employers on the…
Sheldon Mills exiting FCA – report
Sheldon Mills, executive director for consumers and competition at the Financial Conduct Authority, is leaving the regulator.
FCA reveals green sweep for broker-related authorisations
The Financial Conduct Authority achieved across the board success in its broker-related authorisation categories between July and September, its first ‘green sweep’ in the data series.
Five legal developments for London’s businesses this autumn
Many of the key measures in the UK government’s flagship bills won’t come into force until 2026 and beyond, but some will take immediate effect and others will call for some preparation from businesses. This blog highlights five legal developments for…
Legislating online safety
The Online Safety Act 2023 attempts to regulate online services and protect UK users from exposure to harmful content and behaviour. This blog provides an overview of the legislation and the implications for businesses.
FSCS reveals early forecast of no broker levy in 2026/27
The Financial Services Compensation Scheme has indicated brokers will not have to pay a levy in 2026/27 which would keep the rate at zero for the fourth year in a row.
A legislative year in review
The government’s first legislative year was a busy one, which included both new Acts and the implementation of several reforms passed by their predecessors. This article sheds light on the key legislative developments so far in 2025.
Martyn's Law - The Protect Duty
The Terrorism (Protection of Premises) Act 2025 became law across England, Scotland, Wales and Northern Ireland, in April. This blog outlines the implications for standard duty premises, the threshold for an enhanced duty on larger premises and events,…
FCA issues warning of Close Brothers clone
The Financial Conduct Authority has issued a warning of fraudsters trying to scam people as a clone of Close Brothers.
Four ways to limit disrepair claims from tenants
A common reason that tenants fall into rent arrears is because they're unhappy with the condition of the property and begin to withhold rent. Grace Hughes from ARAG Law, shares how you can best protect your agency and your landlord against an allegation…
Blog: Future-proofing your broking business starts with the back office
As regulatory scrutiny intensifies, the ability to demonstrate financial control and system integrity can provide brokers a tangible competitive advantage, argues Chris Stout, a director at PKF.
Blog: The EU–UK AI regulation gap and its implications for UK insurance brokers
As artificial intelligence regulations diverge between the UK and EU, Claud Bilbao, regional vice president for underwriting and distribution at Cowbell UK, discusses the importance of understanding AI usage to advise clients effectively, highlighting…
FSCS declares Scottish broker in default
The Financial Services Compensation Scheme has declared Scottish broker Arthur Temlett, trading as Abacus Insurance Consultants, as being ‘in default’ in its latest update on the ongoing situation.
Blog: Stick to what you know
Brokers have pushed back against the idea of self-regulation. Sticking with the Financial Authority is indeed the way forward to keep consumer trust, argues Rosie Simms.
FCA claims it is already overseeing changes following Which? super-complaint
The Financial Conduct Authority has highlighted it has already identified issues that need to be fixed in the home and travel insurance market and is focused on making sure the changes required are made following Which? filing a super-complaint.
Fairer Finance urges FCA to go ‘back to the drawing board’ after Which? super-complaint
Independent consumer group Fairer Finance has welcome Which?’s super-complaint issued to the Financial Conduct Authority today targeting the ‘broken’ home and travel insurance markets.
Which? hits FCA with super-complaint over ‘broken’ home and travel insurance markets
Which? has submitted a super-complaint to Financial Conduct Authority over market failings in home and travel insurance.
FOI: FCA confirms meetings with Google, Meta and TikTok but ghost broking not discussed
The Financial Conduct Authority has held 11 meetings with Google, Meta and TikTok over the past three years, a Freedom of Information request by Insurance Age has revealed.
Is the FCA better the devil you know over self-regulation?
A self-regulated insurance industry could lead to a lack of consumer trust, brokers have told Insurance Age, as they called for a reduction in compliance costs and improving the efficiency of the Financial Conduct Authority instead.
Compliance experts push back on self-regulation for insurance
The insurance industry could not effectively mark its own homework if moved to self-regulation, according to compliance experts surveyed by Insurance Age, as the specialists noted an insurance specific regulator could be a middle ground.
FOI: Almost 19,000 hours logged by FCA in premium finance review
The Financial Conduct Authority logged 18,864 man hours during its review into premium finance for motor and home insurance, with brokers making up 32 of the sample firms, a Freedom of Information request from Insurance Age has revealed.
FCA outlines rule change to reduce data collecting burden
The Financial Conduct Authority has confirmed 36,000 firms will now no longer need to submit a nil return when completing certain tasks relating to disciplinary action saving them time and reducing burden.
Blog: Plugging gaps in the Appointed Representatives regime
David Allison, head of intermediary consultancy south at Insurance Compliance Services unpicks the latest move, this time from HM Treasury, on how the legislation underpinning the Appointed Representatives (AR) regime might change.