Insurance Regulation

Third Country Reporting Plan is Dropped

The word from the IUA; A planned change to rules governing the operation of third country branches in the London insurance market has been dropped after its value was questioned by the International Underwriting Association […]

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

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, […]

Insurance Regulation

FERMA Sets Out Key Challenges For Risk Managers

The latest from FERMA for you; FERMA has set out its vision of a new European ecosystem where risk management is a cornerstone of sustainable success and risk managers are empowered with best practice governance […]

Insurance Brokers

Clyde and Co Teams Up With FASE

The latest partnership news from Clyde and Co; As MGAs across Europe face increasingly complex and localised regulatory requirements, global law firm Clyde & Co has partnered with FASE – the pan‑European federation representing Managing […]

Global insurance trends

Regtech Sector Deals: Cube Buys 4Crisk.ai

The latest regtech sector deal news for you; CUBE, a global leader in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), announces the acquisition of 4CRisk.ai (4CRisk), a Silicon Valley headquartered RegTech business whose […]

Insurance Regulation

Latest Review of Pay Monthly Insurance Plans From the FCA

The latest from the FCA who are seeing lower interest deal on pay-monthly premium deals; People who pay monthly for their insurance are saving around £157m a year, with over half the firms the Financial […]

Insurance Regulation

FCA is Looking at Ways to Close Protection Gap

Here is the latest from the FCA, as take-up on Life/Illness continues to decline as the welfare state expands; The Financial Conduct Authority (FCA) has called on the insurance industry to help more consumers access […]