The FCA issues a 'Dear CEO' consumer duty letter to general insurance and pure protection firms
The FCA has issued a ‘Dear CEO’ letter to general insurance and pure protection sector firms as part of its promised sector-specific publication of information and assistance in relation to the Consumer Duty. The letter sets out: a reminder of the…
FCA publishes results of a review of consumer duty implementation plans and updates its consumer duty 'information for firms' web page
The FCA has announced the publication of a new web page outlining the results of a review it has undertaken of some larger firms’ Consumer Duty implementation plans. The firms in the sample have a dedicated FCA supervision team and which primarily operate in…
HM Government: Department for levelling up, housing and communities (DLUHC) responds to the FCA's report about the buildings insurance market for multi-occupancy residential buildings
The DLUHC has published a further letter to the FCA from the Secretary of State, Michael Gove, setting out his response to the FCA’s September 2022 report about the multiple-occupancy residential buildings insurance market. The letter acknowledges the FCA’s…
FCA writes to firms about RegData and survey emails
The FCA has issued emails to insurance firms about period-end reporting that is due, and to Principal firms in relation to its request for data about Appointed Representatives. The first is an auto-generated email from the RegData system, reminding firms that…