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FOCUS: The UK's approach to insurance regulation is often at the more prescriptive end of the scale, making a mass roll-back of regulatory burdens unlikely should the country vote to leave the EU in June. 27 Apr 2016
The Financial Conduct Authority (FCA) is to work more closely with major banks and insurers to address barriers to innovation, the UK government has said. 25 Apr 2016
On 1 April 2015, UK financial regulators the Financial Conduct Authority (FCA) and Payment Systems Regulator (PSR) gained new competition law powers, which they can exercise concurrently with the Competition and Markets Authority (CMA).
The EU's Solvency II Directive came into force on 1 January 2016. The directive consolidates and harmonises existing EU insurance directives including life and non-life directives, the reinsurance directive and various others.
Retailers are expected to protect anyone who enters their premises from harm, by removing or controlling risks to employees, volunteers, contractors or members of the public.
The 2015 Insurance Act will, subject to an 18-month transition period, introduce what the UK government has described as “the biggest reform to insurance contract law in more than a century”.
New rules will apply when insurers outsource "critical or important operation functions or activities" once the Solvency II regulatory regime comes into force on 1 January 2016. This short guide will provide a brief overview of the requirements, as well as...
Financial regulators have been using attestations for a number of years to obtain personal commitments from named individuals about a particular state of affairs at their firms. However, recent moves by the Financial Conduct Authority (FCA) and Prudential...
A new regulatory unit to help firms develop compliant 'robo advice' tools will be operational next month, the departing chief executive of the UK's Financial Conduct Authority (FCA) has said. 25 Apr 2016
The UK's financial regulators may have to consider additional incentives if they wish to encourage firms and individuals to admit to wrongdoing at an early stage, an expert has said. 20 Apr 2016
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