FCA publishes its fees and levies consultation for 2024/25 - FOS fees alert
The FCA has published its plans for how it will raise fees for 2024/25, which represent a consultation on the underlying principles of the fee system and policy changes to the way in which the FCA will raise fees. Each chapter in the Consultation Paper…
FCA publishes responses to unanswered questions from its Annual Public Meeting
The FCA has published a 35-page document providing answers to questions from its 2023 Annual Public Meeting which were not answered on the day. There were 101 questions in all, with many of them being grouped together with one response being provided to the…
King's speech briefing notes confirm planned ban on buildings insurance commissions
The Prime Minister’s Office has published a background briefing notes document in relation to the King’s Speech, alongside a copy of the speech itself. One item of note is the background information in relation to a proposed Leasehold and Freehold Bill.…
PRA discussion paper DP2/23 "FSCS General Insurance Limit"
The Prudential Regulation Authority (PRA) has published a Discussion paper DP2/23 about the FSCS general insurance limit. This DP seeks feedback on whether it would be appropriate to increase FSCS limits for some or all of the General Insurance areas currently…
FCA writes to Principal firms about overseas Appointed Representatives
The FCA has been undertaking increased engagement with Principal firms as part of its three-year strategy to improve the oversight of ARs. The FCA’s Consultation Paper CP21/34 and Policy Statement PS22/11 set out some of the challenges Principals may face in…
ICO publishes guidance to ensure lawful workplace monitoring
The Information Commissioner’s Office (ICO) is calling on organisations to consider both their legal obligations and their workers’ rights before they implement any monitoring in the workplace. With the rise of remote working and developments in the…