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The Financial Conduct Authority (FCA) has taken action against a number of UK insurance firms after finding evidence of "potential mis-selling and customer detriment" by their third party 'appointed representatives'. 27 Jul 2016
The UK government must push for continued access to the EU's single market for financial services as part of the forthcoming 'Brexit' negotiations, the new chief executive of the Financial Conduct Authority (FCA) has said. 21 Jul 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 (2015 Act) applies to all commercial contracts of insurance, and variations to existing contracts of insurance, from 12 August 2016 and introduces what the UK government has described as “the biggest reform to insurance contract...
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...
Anti-money laundering and 'know your customer' regulations are no barrier to verifying the identity of customers via wholly digital processes, a senior executive at the UK's Financial Conduct Authority (FCA) has said. 20 Jul 2016
FOCUS: Financial firms will require strong leadership and direction from their boards and senior management if they are to weather the uncertainty following the UK's vote to leave the EU – but also to continue to deliver an intense programme of regulatory... 15 Jul 2016
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