AmTrust North America has selected Compliance Education Institute’s (CEI) 3rd Party Toolbox™ vendor management solution to assess and manage third party risk. 3rd Party Toolbox provides advanced functionality with exceptional ease of use, resulting in a powerful end-to-end vendor […]
Today, the UK’s Financial Conduct Authority (FCA) has confirmed an 18-month delay to the introduction of Secure Customer Authentication (SCA) rules – one of the most important legislations affecting the financial sector – in a […]
In this Opinion piece, Rebecca Fuller, Managing Director, Valuation Advisory at Duff & Phelps, looks at the problem of under-insurance and how to solve it. The days of getting a rebuild valuation done once, and […]
Although the UK may not ever leave the EU, at least as far as financial regulatory matters are concerned, it’s worth thinking about where your insurance company is domiciled, in the longer term. Guernsey reinsurance […]
Regulation of Guernsey’s insurance industry is meeting current international standards, according to a report published by the International Association of Insurance Supervisors (IAIS). The report states that Guernsey has “a high level of observance of […]
The Financial Services Consumer Panel has today published new research which looks at the potential detriment for consumers of being trapped in poorly performing financial services products. The research shows that the costs of remaining in such […]
Christopher Woolard, Executive Director of Strategy and Competition at the FCA, commented: “Before the CMA published its supercomplaint response last year, we had already begun work in the mortgages, cash savings and general insurance markets. […]
Today, the government has announced that firms that overcharge loyal customers could be hit with direct fines under new plans being unveiled this morning by the Government. The move will help tackle the loyalty penalty and practices […]
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