Regulation – Page 125
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Agenda
Analysis: Latest round in credit hire war goes to insurers
Court of Appeal ruling described as ‘hammer blow’ to credit hire firms, but they win back some lost ground, thanks to a County Court judgement in a separate case
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News
FCA bans former PI broker over false trial evidence
Stephen Robert Allen also ‘attempted to mislead’ FCA over High Court trial
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Agenda
Analysis: Brokers’ regulatory fees are slashed for 2015/16
But FSCS reduction may only be temporary as brokers are urged to make provision for future levies
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News
CMA launches probe into Willis acquisition
Watchdog will use investigation to vet competition concerns about merger
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News
FCA fines Clydesdale Bank £21m after it 'misled' FOS on PPI
Regulator hands down its biggest-ever PPI fine for ‘serious failings’ in complaints handling
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News
UKIP backer and broker boss Arron Banks tops individual party donor list
Official data shows Go Skippy founder had fulfilled more than half of his £1m UKIP pledge by the end of 2014
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Insurers need to be wary of UK leaving the EU - AM Best
The possibility of a UK withdrawal from Europe should be a concern for insurers
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News
Nuisance callers face bigger risk of fines
New rules make it easier for Information Commissioner to impose penalties
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News
Hiscox UK MD calls for 'light touch' regulation from next government
Steve Langan says despite government’s rhetoric on having less regulation it is the opposite in insurance
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MedCo portal now live
Medical experts must now register with the portal in order to conduct whiplash examinations and reporting
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News
Analysis: Are NEDs earning their pay?
A typical FSTE 100 non-executive director (NED) earns £60,000 a year for what is a part-time job. But the compliance role of a NED is becoming increasingly under pressure from the regulator
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Broker complaints to the regulator down 17%
2014 is the second year in a row that broker complaints have fallen
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News
Gallagher and Towergate boss David Ross reach peace agreements prior to trial date
Trial has draft date in July
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Santander to withdraw GI products for intermediaries
Products to be pulled at the end of the month
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News
FCA levy on insurers and brokers to increase by 8.5% in 2015/16
Funds will cover the cost of the FCA’s regulatory activities as it delivers its next business plan for 2015/16
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MedCo in doubt as judicial review launched
Claimant solicitors and medical reporting organisations have appealed against the introduction of the independent medical reporting portal
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News
MoJ reforms fail to stem tide of nuisance calls
AA report accuses claims firms of circumventing cold-calling clampdown
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News
FCA unveils plan to ban 'add on' sales ruses
Consumer finance watchdog moves to end ‘opt out’ selling
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News
FCA to probe Big Data use and appointed representatives
Regulator also vows to publish its long-awaited client money rules for brokers this year