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ICO publishes a blog encouraging new start-ups to get data privacy right from the start
The ICO has published a blog aimed at new start-up businesses, encouraging them to get their approaches to data privacy right and encouraging entrepreneurs to think about data protection as they make plans to launch new business ventures. The ICO seeks to…
FCA publishes Wider Implications Framework meeting minutes and log of live issues
The FCA has published the minutes of the latest Wider Implications Framework Executive Level Meeting, and an updated log of live Wider Implications issues as at the end of November 2024.
Premium Finance: the Market Study, and how we got to where we are
Premium financing involves lending funds to cover the cost of an insurance premium. This service is typically provided by third-party finance companies or the insurers themselves. Insurance intermediaries also offer it. The loan arrangement can last typically…
FOS receives more than 4,800 new cases from businesses
The Financial Ombudsman Service for small businesses has received more than 4,800 new cases from businesses so far this financial year. The data, which covers the period from the beginning of April to the end of November 2024, demonstrates the many challenges…
FCA publishes Consultation Paper CP24/28: Operational Incident and Third-Party Reporting
The FCA has published a Consultation Paper CP24/28 in relation to reporting operational incidents and reporting material third-party arrangements. Within the Consultation (see Appendix 2 of the Draft Rules section) there is a link to the proposed operational…
Premium Credit Limited confirms no changes to premium finance disclosures
Premium Credit Ltd (PCL) has written to insurance brokers saying that, following taking King’s Counsel advice, it will not be imposing any changes to existing customer journeys, and firms should not expect any changes from PCL’s perspective either. This…
