Regulation – Page 143
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New regulators will cost £664m
The FCA and PRA will cost 24% more than their predecessor
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Lloyds Banking Group cutting PPI compensation by as much as 25% – reports
Bank has been using ‘alternative redress’ to reduce the amount it has to pay out for mis-sold PPI policies
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Bribery a growing concern – British Standards Institution
Companies need to make sure they have effective anti-bribery measures in place
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Online onlyBrokers encouraged to put their own interests ahead of their customers' - survey
An Insurance Times survey reveals the pressures on brokers to choose certain carriers
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Besso fined £315,000 for weak bribery controls
FCA found controls on commission risked corrupt payments
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Argos owner sets aside £25m for PPI compensation
Argos owner Home Retail Group has set aside £25m to pay compensation for mis-sold payment protection insurance (PPI).It commissioned an independent investigation in response to the FCA’s industry-wide review and will start to pay compensation for the product, which was sold through its financial services arm to Argos and Homebase ...
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UK Broker Regulation report: Broker financial reporting all set to change
Read a free excerpt from the Insurance Times UK Broker Regulation report
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FCA: Add-on distributors have ‘clear point of sale advantage’
Regulator says market power of distributors means insurers receive less than 8% of the premium for certain add-on products
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Gibraltar insurers face 12% regulatory fee hike
Brokers’ fees will increase by 9% under new FSC proposals
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UK Broker Regulation report: Biba's fight to make UK broking less costly
Read a free excerpt from the Insurance Times UK Broker Regulation report
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Nearly 3,000 add-ons complaints in nine months
15% of UK general insurance complaints to Ombudsman
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'Clear case’ for FCA intervention in add-on market
Insurers could be forced to publish claims ratios and axe pre-ticked boxes
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Introducing the UK Broker Regulation report
Editor Saxon East looks at the importance of getting to grips with regulatory change
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FCA probe into MGA sparks broker rush for new cover
A letter has been sent to brokers from AccessBI to inform them of investigation
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Nick Prettejohn steps down from PRA board
Former Brit chairman to ‘pursue future outside regulation’
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Tom Woolgrove named Flood Re interim chief executive
Outgoing DLG personal lines boss will not apply for the permanent job
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FOS: general insurance complaints down 10%
But it is still the second most complained about sector in financial services
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IMD II hit by further delays
Key vote on progression of the directive postponed so other regulations can be considered
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Band H homes at flood risk face premiums 20 times UK average
Hiscox issues warning and calls for Flood Re ‘not to discriminate’
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FeaturesRegulation Report Part 1
To help you make sense of the changes in the regulatory landscape since the FCA took over from the FSA in April last year, Insurance Times, in association with the Chartered Insurance Institute, is creating a series of five reports focusing on a different area of regulation as it affects ...
