Analysis

The Big Question: What do the FCA’s proposal U-turns mean for UKGI?

By 2025-04-29T06:00:00

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Following the FCA’s March 2025 decision to abandon its proposed name and shame strategy and shelve new diversity and inclusion requirements, industry voices share their perspectives and discuss the possible ramifications of these decisions on the UK general insurance sector

In March 2025, the FCA confirmed that it was withdrawing its planned proposals around diversity and inclusion expectations and a new public interest test, which would have seen it ‘name and shame’ investigated firms. What do these changes mean for UKGI and has the regulator made the right decision in the eyes of the market?

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