All FCA articles – Page 9
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NewsFCA considering ‘rules to limit commission’ for multioccupancy buildings insurance
The regulator is collecting data from the insurance industry to help inform ‘potential interventions’, says executive director for consumers and competition
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AnalysisHouse of Lords advocates more proportional regulation for London market
Inquiry calls for ‘broader reassessment of regulatory culture’ as current London market oversight is described as ‘inflexible’ and ‘unnecessarily complex’ by committee chair
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NewsFCA boosts hiring spree with three new appointments
Two appointees have been promoted internally, with the other joining from Goldman Sachs
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NewsFCA collecting data on fair value for leaseholders
Leaseholders have warned that a ‘major financial scandal’ is developing over hidden commission fees
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NewsFCA finalises ‘comply or explain’ diversity rules
Listed firms will need to adhere to the new rules for financial accounting periods from 1 April 2022
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AnalysisBriefing: London market regulatory reconstruction bid flies in face of FCA’s get tough plans
The amount of regulation in the industry is yet again the bone of contention, with the London market and FCA seemingly on opposite sides of the debate
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NewsFCA launches three-year plan centred around customer outcomes
Chief executive says the regulator will now focus on ‘results’ rather than ‘processes’
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AnalysisInsurance sector can no longer turn ‘a blind eye’ to property cover commission impact on leaseholders
Industry experts and campaigners feel the FCA is not doing enough to protect leaseholders from opaque commission practices in property insurance
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AnalysisBriefing: Why property insurance commission is so controversial
The storm over property insurance could lead to full-blown commission disclosure debacle
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AnalysisBriefing: FCA shows its ineptitude with buildings insurance
The FCA has been warned on numerous occasions there was an issue, but it failed to act
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AnalysisBriefing: Ageas UK’s commercial sale comes at right time
Ageas exits commercial lines - the insurance landscape is changing
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NewsFCA on the hunt for new senior leaders amid threats of staff strikes
The regulator is adopting a ‘campaign style’ approach to recruitment as it seeks to expand its talent footprint, says market executive director
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NewsEnd of dual pricing ‘calls time’ on unfair customer treatment – Honcho
The insurtech’s chief executive says the regulation marks a ‘new dawn’ and ’a whole new era across personal lines’
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AnalysisBriefing: Consumer Duty is flagship for assertive FCA
Plus, operational resilience is ‘a key element’ of the FCA’s ‘supervisory strategy for large brokers in 2022 and 2023’, says consultancy partner
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AnalysisOpinion: Regulation ramifications for brokers
Editor Katie Scott discusses how regulation can prove to be both an opportunity and a barrier for the broking community
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NewsManifesto 2022: Biba demands fairer compensation levy for GI brokers following member 'uproar'
Although Biba’s members are happy to contribute to a compensation scheme, the current arrangement feels ’more like bailing out rather than chipping in’, says trade body chief executive
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NewsManifesto 2022: Biba pushes for transparency and accountability at the FCA
The introduction of the new objective is designed to allow the insurance industry to ‘grow and prosper’, says economic secretary
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NewsInsurance sector must ‘look calmly’ at the lessons learned from BI test case – John Glen
Economic secretary to the Treasury believes ‘brokers will play a crucial role in rebuilding consumer trust and developing clearly worded policies going forward’
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AnalysisBriefing: FCA is crushing the life out of brokers - it must be reined in
A major consultation is under way which could rein in the FCA
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NewsFCA is ‘an impediment to the effective working of the market’
Biba’s chairman noted that the FCA appears to be implementing ‘regulation for the sake of regulation’, which is ‘affecting competition, productivity and innovation’ within the broking community
