Regulation – Page 139
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News
ABI’s Maggie Craig lands FCA advisory role
Former ABI financial conduct regulation director to advise on GI, life and pensions
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RSA could face £35m fine from Irish regulator
Irish RSA executives could also face fines of up to €1m by the Central Bank of Ireland
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News
HomeServe fined £34.5m by FCA for mis-selling
The broker will increase its provision by £30m as a result of the penalty
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CPP customers agree £1.3bn compensation package
Payouts expected to start in the spring once High Court approval has been received
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Agenda
Regulation strives to banish bribery
The reputation of brokers in the MENA region is suffering as corruption in the industry continues
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Online onlyRegulators to investigate the Co-op Bank
Enforcement investigations will also look at the actions of former senior managers at the troubled group
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News
FCA clamps down on Moneysupermarket over misleading adverts
Comparison site agrees to publish clarification for a month
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Insurers may cut rates for 117 law firms without cover to avoid run-off costs
Insurers will have to provide six-years run-off cover for little or no premium if firms close
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Biba welcomes delays to young driver reforms
Government to take more time to consider what changes are needed
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News
Ageas chief Watson takes up ABI role
Andy Watson to become chairman of the ABI’s Motor Committee
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News
Consumer bodies given financial services 'super-complainant' status
Consumer bodies given more powers to expose damaging practices
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News
JLT Specialty fined £1.8m for lack of corruption checks
Firm fined for ‘unacceptable’ approach to bribery and corruption risks from overseas payments
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Solvency II: insurers must act now to get ready for implementation
Smaller firms may also have slipped further behind their bigger rivals
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News
FCA fines Porta Verde £25,000 for insurance mis-selling
Two appointed representatives used high-pressure sales tactics on vulnerable customers
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News
Disciplinary danger for small brokers failing to prepare for FCA assessments
Branko Bjelobaba says firms must accept that to do compliance well will be time consuming
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Government releases further details on medical reporting for whiplash
Work is ongoing to stop the practice of pre-medical offers for personal injury claims
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News
SRA warns firms failing to declare insurance position could face enforcement
A ‘significant’ number of firms have not notified the SRA of their situation since the 30 September renewal date
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Online onlyLloyds Banking Group fined £28m for 'serious failings' in sales practices
Fine increased by 10% due to prior warnings about incentives and previous disciplinary record
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News
Biba urges MPs to rethink Flood Re exclusions
Biba addresses concerns before the Water Bill Scrutiny Committee
