Regulation – Page 114
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NewsDirect personal lines insurers is key priority for CII’s Sian Fisher
Fisher talks to Insurance Times about plans to drive forward professionalism
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NewsAXA’s Blanc: rival Allianz’s Insurance Act plan is ‘a bold move’
GI chief executive hails turnaround of direct motor business but notes challenges on brokered side
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NewsABI rejects PRA plans for Solvency II annual audits
Plan could lead to five-fold increase in audit fees, ABI says
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NewsAnalysis: The FCA needs to know everything – even your driving convictions
The FCA’s rules on disclosure are strict, but there is still confusion about how much detail you need to tell the regulator to become an FCA authorised individual. Solicitors Geoffrey Miller managing director Jeanette Miller gives some guidance
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NewsSRA proposes changes to solicitors’ PI policy terms
Changes designed to bring terms into line with Insurance Act
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NewsGallagher seeks court order against MGA
Gallagher wants an injunction in dispute over confidential information use
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NewsInsurers face problems dealing with Solvency II data requirements - PwC
Warning that failure to manage data could result in breaches and fines
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NewsGovernment calls for early review of Solvency II amid competition fears
The Treasury and Bank of England have written to the European Commission - also calling for wider review
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AgendaAnalysis: Solvency II is set to reshape Gibraltar market
Some firms, including Enterprise, have missed the 1 January deadline, while Octagon makes the cut after pumping in £15m of capital
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NewsGibraltar insurer Enterprise missed SII capital deadline
But chief executive insists the company will meet requirements in three to six months
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News‘Misleading’ Gocompare ad pulled after complaint from rival
Confused.com challenged Gocompare’s ‘over 40 million customers’ claim
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News£15.5m FCA fine highlights brokers’ widening accountability
Biba is also concerned that members will continue to pick up bill from FSCS
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NewsFCA regulation of insurance sector is 'not cost-effective' - MP
Funding model suggests that UK firms are paying for supervision of other non-insurance broker entities - MP Craig Tracey
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NewsShay Reches has until 2020 to pay £13.1m to failed insurers
FCA will charge 8% interest on late payments
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NewsFCA issues £15.5m fine over unrated insurer collapses
Israeli businessman Shay Jacob Reches bears brunt of fine
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NewsPRA fines failed insurer Millburn £2.9m and bans ex-chief executive
The regulator has also fined McIntosh £25,173
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AgendaCarole Nash hires compliance expert Sara Smith
Smith joins with a 20 year history in regulation
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NewsFCA could probe insurers’ social media data use – report
News follows closure of call for information on data use
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AgendaIncoming FCA boss to change 'philosophy' at the regulator
Andrew Bailey has said his approach will be very different from the former chief
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