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EIOPA: national insurance regulators need standardised Solvency II internal model approval processes

Different EU member states need to be consistent when considering and approving applications by insurers to use their own 'internal models' to calculate new capital requirements, according to the regulator. 21 Apr 2015

UK financial regulators set out 'proportionate' senior persons rules for Solvency II and non-Solvency II insurers

Senior staff at smaller insurance firms not subject to the new Solvency II EU-wide regulatory regime will be subject to complementary, but proportionate, regulatory oversight, according to the Financial Conduct Authority (FCA) and Prudential Regulation Authority... 31 Mar 2015

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FCA focus on personal accountability driving increase in financial firm whistleblowing, says expert

A significant increase in the number of whistleblowing cases opened by the Financial Conduct Authority (FCA) over the course of the last year shows that the regulator's increased focus on personal accountability is changing employee behaviour in the financial... 30 Mar 2015

FCA plans to ban 'opt-out' sales of add-on insurance products

UK financial services firms will be banned from using pre-ticked boxes and other methods to sell customers additional 'add-on' products when they are purchasing regulated financial products under plans published by the Financial Conduct Authority (FCA). 26 Mar 2015

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