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The UK will be the best place in the world to deploy connected and autonomous vehicles (CAVs) over the next 10 years, provided the country avoids a 'no deal' Brexit, an automotive industry association has said. 15 Apr 2019
SPEED READ: The FCA has published a single report with findings from its thematic work in the General Insurance (GI) sector on Value in the Distribution Chain and the Multi-firm review of Delegated Authority arrangements. Referring to the findings as "extremely... 11 Apr 2019
Part VII of the 2000 Financial Services and Markets Act (FSMA) sets out the statutory mechanism allowing insurers and reinsurers to transfer portfolios of insurance business from one entity to another, subject to court approval.
The Senior Managers and Certification Regime (SMCR), which is designed to make individuals at financial firms more accountable, will apply to insurers from 10 December 2018.
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...
Pension providers will be compelled to make savers' data available to them through pension dashboards, the UK government has confirmed. 05 Apr 2019
An investment bank was entitled to dismiss a regulated individual on the grounds of his fitness and propriety following adverse findings about his credibility by an employment tribunal, the Employment Appeal Tribunal (EAT) has ruled. 05 Apr 2019