The Guernsey Financial Services Commission has signed a Memorandum of Understanding (MoU) with the Bank of England. The new agreement is a reaffirmation of a long-held relationship between the Guernsey regulator and the Bank’s Prudential […]
The EU Commission has announced that it intends to grant consumers the right to form collective group actions across the European Union. The proposals are quite far-reaching with the EU intending to levy fines based […]
Allianz Group recently received approval of its Binding Corporate Rules from the EU-mandated Bavarian Data Protection Authority, BayLDA. Binding Corporate Rules or “BCRs” were developed by the European Union to allow multinational corporations to make […]
Latest news update from the Association of British Insurers for you; There is a great deal of anticipation ahead of the impending rollout of the Senior Managers & Certification Regime (SM&CR) for insurers. The fact […]
The RAC has been reprimanded by FCA, (Financial Conduct Authority) over its failure to make previous breakdown costs prominent and crystal clear, when inviting customers to compare prices, and then take up insurance and breakdown […]
The Justice Secretary unveiled a new Bill yesterday, offering hope of reduced car insurance premiums as part of a wider programme to tackle the UK’s compensation culture. The Bill includes changes to the way the […]
The GDPR deadline in May is fast approaching and every insurer who needs to routinely share customer data needs to make sure they are compliant. The financial penalties are severe, so it is worth looking […]
Simple Landlord Insurance have a timely reminder for all buy-to-let landlords – From 1 April 2018 new energy efficient rules come into force – and landlords whose properties aren’t up to standard could face a […]
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