Regulation – Page 221
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News
Biba blasts FSA over ‘ludicrous’ proposals
No disclosure requirement for retail customers n Level playing field needed on commission disclosure
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UK driving test leaves Britain's young motorists under prepared
RAC calls for urgent reform of driver training and testing
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Features
FSA: Principles or rules?
Hugh Price looks at the benefits and disadvantages of principle-based regulation in the UK
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News
Sants to replace Tiner as FSA chief
Hector Sants will this week succeed John Tiner as chief executive of the FSA. Sants, who is currently managing director of wholesale and institutional markets at the FSA, will take up the post on 20 July, after Tiner steps down at the regulator’s annual public meeting on 19 July.He has ...
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CII invests in new professional framework
Group is to invest record revenues this year in building its professional framework
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ABI questions Law Commission paper
The ABI urges the market to make a success of regulation and warns that more law is unlikely to help consumers.
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Features
Brokers concerned with consolidation and costs
Andrew Holt looks at research revealing a whole range of concerns from the broker community
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Sants takes top FSA job
Hector Sants' appointment as John Tiner’s replacement at the FSA comes as no surprise. Sants, who heads up the wholesale division at the FSA, has been seen as the leading candidate ever since Tiner announced his intention to step down as chief executive earlier this year. He is widely liked ...
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APIL issues response to claims paper
APIL responds to government's consultation paper Case Track Limits and the Claims Process
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Developers may have to foot insurance bill
Proposal to make developers pay insurance for up to 20 years on builds in flood areas
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FSA action brings changes to online sale of PPI
Firms agree to change way payment protection insurance is sold via the internet
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Policing the claims sector
Government regulation of claims management companies has been successful so far
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IUA welcomes Solvency II
Planned new regime emphasises flexibility and includes options for the use of different solvency models that are most appropriate for different companies, says IUA
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Risk and reward
The new Solvency II directive could make high-risk policyholders uninsurable
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Boleat hails claims regulation a success
Still work to be done to stamp out cold calling
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PWC welcomes Solvency II
Annette Olesen, director, PWC, says Solvency II will promote sound risk management and robust internal controls
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Munich Re welcomes proposal for Solvency II
CFO Jörg Schneider said the new rules planned will be a huge step forward for insurers
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Insurers meet with Government ministers
ABI director general says insurers are doing "all that they can" to deal with flood claims