Insurance Regulation

Massive £107m FCA Fine For Santander, But Why No Arrests?

It’s all jolly japes with Ant & Dec in the adverts, but today’s news that Santander has been fined over £100m for money laundering regs highlights the underlying problems in the UK banking system. Too […]

Insurance Regulation

Latest Bounceback Loan Fraud Cases

Latest from the Insolvency Service; Savio Gilbert Pereira, 46, and Sajid Anver Valimohammed, 37, have been disqualified as company directors for a total of 19 years following separate Insolvency Service investigations which uncovered financial misconduct. […]

News

Gatehouse Bank Cops For £1.5m Fine From The FCA

Latest update from the FCA; The Financial Conduct Authority (FCA) has fined Shariah compliant Gatehouse Bank Plc £1,584,100 for significant weakness in its financial crime systems and controls. Between June 2014 and July 2017 Gatehouse […]

News

In a WFH Age, Maybe PAYG Insurance IS The Solution?

A survey conducted by Redtail Telematics, the long-established provider of telematics solutions for the automotive, insurance and fleet sectors, and YouGov reveals that insurers are missing opportunities to win new telematics motor insurance customers. Only […]

Insurance Brokers

Fancy Laundering Some Money? Why Not Buy a House?

Credas Technologies, the leading identity verification checks provider, has found that a significant proportion of UK homebuyers aren’t being asked to provide ID when purchasing a property, let alone having their ID properly verified. The survey […]

News

Will Cost of Living Mean Consumers Start Cancelling Cover?

The latest Office for National Statistics (ONS) data shows UK inflation was 7% in the year to March 2022, driven by increases in energy and fuel prices. What this effectively means is that something that cost […]