Regulation
News: Soaring FSA fines underline tough new stance on non-compliance
The Financial Services Authority (FSA) runs the risk of appearing arbitrary as it delivers on its promise to get tough, according to law firm Reynolds Porter Chamberlain (RPC).
News: Extended penalty regulations to lead to harsher fines
Brokers have been warned they face heftier fines from the taxman following the introduction of a new penalty regime.
News: SMEs call for post-election stability
The three major parties were accused of treating the small business sector as a "political football" ahead of the general election.
Quinn staff to shortly find out fate
Employees at Quinn Insurance are expected to learn if they face redundancy on Friday.
Shariah-compliant insurer aims to recommence trading
Principle Insurance Holdings has announced the conditional sale of subsidiaries, Principle Insurance Company (PIC) and Principle Marketing Services (PMS) to Al Salam Group Holding Company.
Irish Government reassures FSA over Quinn funding
The Irish Government has written to the Financial Services Authority (FSA) to assure it that any funding needs which emerge at Quinn Insurance’s business there will be met.
Quinn welcomes regulator's decision
Quinn Insurance said it was pleased with the Financial Regulator's decision to allow it to offer private motor insurance for provisional licence holders.
The Financial Regulator revises stance on Quinn
Quinn Insurance is to be allowed to write provisional motor insurance in the UK.
FSA to investigate Goldman Sachs
The Financial Services Authority (FSA) has decided to commence a formal enforcement investigation into Goldman Sachs International following claims by the Securities and Exchange Commission (SEC).
FSA playing hardball over Quinn's UK return
The Financial Services Authority (FSA) is reported to be playing hard ball over Quinn's re-entry into the UK insurance market.
Quinn staff cancel rally
Quinn employees have cancelled today’s planned rally but have handed in a 15,000-strong petition to Financial Regulator Matthew Elderfield this morning at the Central Bank in Dublin.
Quinn withdraws administration objection
The board of Quinn Insurance has withdrawn its objection to the petition for the appointment of joint administrators to the company.
Irish Financial Regulator challenges Quinn to "show me the money"
The new Financial Regulator Matthew Elderfield said yesterday he was sympathetic to the plight of the workers but had to ensure policyholders were protected.
Political parties adopt differing tax approaches on run up to General Election
Louise Somerset, tax director at RBC Wealth Management, says the approach to tax is all about "stability" for Labour, "competitiveness" for the Conservatives, and "equality" for the Liberal Democrats.
Quinn urges reopening of UK business
In a statement, the insurer said it is "pleased" with the decision to adjourn its administration hearing.
Biba publishes liability guidance for brokers
The British Insurance Brokers’ Association (Biba) has launched a new publication that aims to clarify the issue of limitation of liability for brokers when advising clients.
FSA powers boosted
The Financial Services Bill, which received Royal Assent on 8 April, gives the Financial Services Authority (FSA) new powers and duties, according to law firm Lovells.
Flood Bill gains Royal Assent
The Flood and Water Management Bill has gained Royal Assent after passing through the House of Commons and House of Lords earlier this week.
Overseas terrorism compensation scheme given seal of approval
A scheme to compensate British citizens injured by terrorist attacks outside the UK has received Royal Assent.
DAS to launch revised ATE scheme
The after-the-event (ATE) trading division of DAS, 80e, has unveiled the latest version of its scheme Justice Solutions.
Management Clinic: Off the radar?
The FSA has issued another 'Dear CEO' letter to bigger firms on solvency. As it hasn't seen fit to include my firm, presumably it doesn't apply to us, as we must be 'under their radar'?
Legal: The lay of the land
Dan Preddy, financial services partner at Beachcroft, looks at what brokers can expect from the FSA in 2010
Editor's Comment: Quinn raises responsibility issue
The Editor's comment by Andrew Tjaardstra
News Analysis: RTA reforms set to launch
Emmanuel Kenning investigates the changes designed to make personal injury claims from road traffic accidents simpler, quicker and cheaper