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Innovative firms in the financial services sector in both the UK and Singapore will benefit from new arrangements between the countries to help encourage developments in financial technology, two experts have said. 12 May 2016
Failings in culture have been associated with each major case of regulatory non-compliance involving prudential or conduct failings in the financial services sector in recent times, a senior regulator has said. 12 May 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...
FOCUS: Financial markets are volatile by nature, and this is likely to be the case regardless of whether the UK votes to leave the EU on 23 June. But with the future of financial regulation at the top of the agenda, firms would be wise to develop contingency... 12 May 2016
Financial services firms and technology companies can now apply to participate in the new 'regulatory sandbox' scheme being run by the Financial Conduct Authority (FCA). 10 May 2016
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