FCA Regulatory Priorities Report – insurance sector
In line with being a smarter regulator providing more ‘streamlined’ regulation, the FCA has replaced its Portfolio Letters with a more succinct suite of annual Regulatory Priorities Reports. The new sectoral Reports are similar to the ‘Sector Views’…
FCA Market Study reports: Pure Protection and Premium Finance
The FCA has published its interim report in relation to its Market Study MS24/1 – pure protection insurance (the final report expected in Q3 2026). and has also published the final report for its premium finance market study MS24/2.
FCA simplifies insurance rules and proposes other clarifications and simplifications
In December, the FCA announced its publication of Policy Statement PS25/21, in which it set out what it sees as simplifications of insurance-related Handbook rules and requirements.
AI and insurance compliance - what are the ground rules?
AI is now everywhere; it is becoming increasingly relevant and, even if you are not actively using it, an awareness of its capabilities and pitfalls is vital. AI is gradually becoming part of everyday life, but the need for caution remains, and rightly so.…
New FCA Consumer Credit regulatory returns - a reminder
In May this year the FCA published its Policy Statement PS25/3 setting out its replacement consumer credit reporting requirements for firms with certain consumer credit Permissions (the new CCR009 return). This was covered in detail in our May 2025 Hot…
Where next for premium finance?
The possible impact of the FCA’s motor finance redress scheme provisions: we are issuing this update to summarise the latest position in relation to premium finance and to highlight potential areas of focus for the FCA, taking into account the proposed…