Regulation
On the road to recovery
Q. Our business has undergone a recent compliance 'health check', which has flagged several areas in which we need to make some changes or improvements to our regulatory practices, which we are addressing. What view might the FSA take if it visited us…
Compensation bill gathers momentum
The government's promised assault on the compensation culture is under way and, unlike a lot of legislation the Blair government is forcing through, this one will be widely welcomed
EC closes in on Member States that have not implemented IMD
The European Commission is promising tough action against EU Member States that have not implemented...
The quest for reform
Contract Certainty
Regulatory contempt
I refer to your article FSA blames industry for paper mountain (PB Electronic, November 2005), which...
FSA starts conflicts-of-interest countdown
This time last year, brokers awaited the switch-on of regulation under the Financial Services Author...
Laundered funds could land you in hot water
While money-laundering rules do not apply to intermediaries, all firms are subject to the Proceeds of Crime Act 2002, which does affect brokers
Time to get excited about premium tax
The insurance industry is running out of time to come up with an effective way to manage contract tax, before the FSA steps in. Mike Stalley says the time for brokers to act is now
Zurich head urges brokers to adapt to 'boutique' style
Personal lines brokers do have a future but need to reinvent the way in which they work in order to ...
Contract certainty solution for insurance market launched
A contract certainty solution for the insurance market has been launched by business operations spec...
Brokers face commission disclosure threat from FSA
Brokers could be forced to disclose commission to their commercial customers, the Financial Services...
Claims could soar
Claims could soar if leisure bosses do not protect staff from loud music under the new 24-hour licen...
Insurance Age poll
This month's Insurance Age poll asked: 'Do you agree with the proposed removal of status disclosure ...
E111 claims duplication puts pressure on insurers
The replacement of the E111 form with the European Health Insurance Card (EHIC) has caused problems ...
Welsh businesses say no to overseas call centres
One of Wales' largest insurance broking firms has cautioned the financial services industry on their...
Making a big impact
Regulation update
Comment
Well no-one could claim that 2005 has been a dull year! The onset of Financial Services Authority (F...
Brokers come under IT scrutiny from the FSA
Brokers are being warned that they will come under increased scrutiny from the Financial Services Au...
Majority of brokers are acting within the law
Only a tiny fraction of brokers are deliberately trading illegally, it emerged as the results of the...
Life goes on
The new regime
Starting to feel the heat
Client money
EU disciplinary action against countries yet to adopt IMD
The European Commission has launched proceedings against the 10 EU Member States that have so far fa...
No place like home
Q. Increasingly frustrated by the (lack of) insurer service from overseas call centres, can we insist on UK-only offices as we are not convinced people are properly trained to understand our needs?