FCA publishes a Consultation Paper – CP23/8 – Multi-occupancy buildings insurance
The issue of multi-occupancy leasehold buildings insurance is now under a significant FCA and Government spotlight. The FCA is concerned about the amount brokers are earning, and the amounts paid away to freeholders and property managing agents. The…
FCA PS23/3 - A new financial resilience regulatory return
High quality baseline financial resilience data is essential in helping the FCA to understand the risk of firm failure and risks across the financial services sector, improving its ability to protect consumers, ensure market integrity and ultimately, helping…
FCA sets out multi-occupancy leasehold insurance reforms
Following on from its report on multi-occupancy buildings insurance, the FCA is proposing new rights and protections for leaseholders to improve the transparency of the multi-occupancy leasehold buildings insurance market.
FCA sets out steps to improve whistleblower confidence
Following a qualitative survey of whistleblowers, and alongside the publication of the latest whistleblowing quarterly data, the FCA has set out actions to improve the confidence of whistleblowers – including sharing further information with whistleblowers on…
FCA consults on its fees and levies proposal for 2023/24
The FCA is consulting on the rates for the regulatory fees and levies for the next financial year (1 April to 31 March). The Consultation Paper (CP 23/7) explains how it proposes to recover the costs of carrying out its work, covering: The FCA’s annual…
FCA and PRA launch a joint Discussion Paper – DP21/3 – a review of the Senior Managers and Certification Regime (SM&CR)
The FCA and PRA are reviewing the effectiveness, scope, and proportionality of the SM&CR, which is the basis for this Discussion Paper. HM Treasury has, in parallel, launched a Call for Evidence to look at the legislative aspects of the regime. The reviews…