Regulatory Updates

Following the March 2022 general insurance (GI) pricing senior manager attestations, the FCA carried out follow-up work that involved contacting firms and asking for sight of the evidence and management information (MI) that they had considered to enable them…

From 20th January 2023 the FCA will be introducing multi-factor authentication (MFA) for logging-in to its systems, which will be an additional level of security the regulator considers necessary to protect and control access to FCA and firm data. This Hot…

The Financial Conduct Authority’s new rules to make authorised firms more responsible for their Appointed Representatives (ARs) and Introducer Appointed Representatives (IARs) come into force on 8th December. Our August 2022 Hot TopICS covered the new…

Following the Government’s request for an investigation to focus on premium increases and market competition, the FCA has set out a range of recommendations in an interim report designed to provide leaseholders with greater protection from high prices and to…

On 27th July 2022 the FCA published the final rules and guidance for its flagship Consumer Duty. In this Hot TopICS we take a high-level look at what the new regulation means for you and your firm and outline some insurance sector-specific priorities and…

The Financial Conduct Authority (FCA) has confirmed new rules to make authorised firms more responsible for their Appointed Representatives (ARs) and Introducer Appointed Representatives (IARs). The new rules are effective from 8th December 2022 and are…