Insurance Regulation

House of Lords Committee Calls For Evidence & Comments on Insurance

The House of Lords Financial Services Regulation Committee invites submissions to its new inquiry on the regulation of the UK’s consumer insurance market. There is an opportunity for anyone in the insurance sector to offer […]

Insurance Regulation

Digital Assets: FCA and Bank of England Set Out Regulatory Vision

The latest from the FCA; UK financial firms can adopt tokenisation and distributed ledger technology (DLT) with greater confidence, as the Financial Conduct Authority (FCA) and the Bank of England set out a shared vision and seek industry views on the […]

Insurance Regulation

Two New Leadership Appointments at FCA

The latest news from the FCA for you; The Financial Conduct Authority (FCA) has announced 2 permanent appointments to its executive team, strengthening leadership at a pivotal time for UK and global financial markets.  Simon […]

Insurance Regulation

ZestyAI Reckon Regulatory Delays Are Costing Insurers

The latest analysis from ZestyAI; A wide-ranging analysis of P&C filings by ZestyAI has found that the regulatory delays costing insurers tens of millions of dollars each day are predictable, compounding, and largely preventable. Using […]

Insurance Regulation

FCA Will Look at How Firms Deal With Bereaved Customers

The latest from the FCA for you; The Financial Conduct Authority (FCA) is reviewing how consumer investment firms support bereaved customers and whether they’re getting it right.  Fewer than half of bereaved customers (47%) felt they […]

Insurance Regulation

New Research Highlights Consumer Complaints

Everyone in the industry knows that claims timeframes, settlement amounts and MTA fees are constant sources of disagreement. Here’s the word; Latest analysis by MyHealthPal reveals insurance is the largest contributor to complaint growth across […]

Insurance Regulation

FCA Fines Wealth Adviser 750K and Issues Lifetime Financial Services Ban

The latest case report from the FCA for you; The Financial Conduct Authority (FCA) has banned Frank Breuer from working in UK financial services and fined him £755,000 for repeatedly acting without integrity and putting […]

Insurance Regulation

Extra Jail Time For Convicted Money Launderer

The latest case report from the FCA; A convicted money launderer has been sentenced to an additional 499 days in prison for failing to fully pay the money owed under a Confiscation Order.   In 2021, Richard Faithfull, now 36, was sentenced to 5 years and 10 months in prison for laundering £2.5 million, […]