All FCA articles
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News
London market bodies launch misconduct training programme after FCA request
’The workshops are designed to equip key stakeholders across the insurance sector with the knowledge, tools and strategies needed to enhance workplace culture, governance and compliance with FCA expectations,’ says chief executive
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News
FCA unveils new five-year strategy to ‘support growth’ and ‘deepen trust’
’We are ambitious for the future and committed to enabling a fair and thriving financial services market for the good of consumers and the economy,’ says chief executive
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FCA issues update on probe into second insurance market
’There are concerns that commissions used to sell these products may affect the outcomes consumers receive and the products’ value or design,’ says regulator
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Chancellor meets FCA as ‘radical plan to cut red tape’ announced
’Appropriate regulation of our financial services is essential to a well-functioning system, but it must also be proportionate if it’s going to encourage the innovation, investment and growth our customers and economy need,’ says ABI director
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Brokers want FCA to regulate MGAs separately from insurers and brokers
’A dedicated regulatory framework would not only recognise our unique role, but also reinforce the credibility and trust brokers place in working with MGAs,’ says director
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News Analysis
Market responds as FCA shelves ‘name and shame’ and D&I proposals
The updates were revealed in a letter sent to the Treasury Select Committee
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FCA clarifies position amid concerns over ESG impact on defence investment
’Strong leadership shown by FCA makes it clear that investment in defence is not a regulatory issue,’ says MP
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News
FCA and PRA confirm ‘no plans’ to take regulatory D&I proposals further
The FCA and PRA initially consulted on proposed rules and expectations around diversity and inclusion for regulated firms in September 2023
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News
FCA abandons plan to ‘name and shame’ more companies it investigates
’Considerable concerns remain about our proposal to change the way we publicise investigations into regulated firms,’ says chief executive
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News
FCA suspends broker’s permission to carry out regulated activities
The broker ’failed to pay periodic fees and levies owed to the authority as required under the handbook’, says regulator
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News Analysis
In Focus: How could the motor market evolve following legal and regulatory scrutiny?
Insurance Times quizzes the industry on how the motor insurance market could evolve considering the Supreme Court’s recent motor finance case and the FCA’s increased focus on premium finance
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News
FCA bans broker for fraud that led to client entering liquidation
The regulator said he was ’not a fit and proper person to perform regulated activities’
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News
UK insurance sector is strong because of regulation – FCA’s Matt Brewis
Despite increasing calls for deregulation, the value of a stable environment cannot be understated, says regulator
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News Analysis
Can the broker commission model survive regulatory headwinds?
’There’s a need for a makeover of percentage-based models where commission is unjustified, undisclosed and uncapped,’ says partner
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News
FCA reveals how many general insurance firms breached financial promotion rules
’We have stepped up our efforts to make sure that financial promotions are clear, fair and accurate,’ says director
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News Analysis
Deregulation vital if UKGI wants to remain at the forefront of UK’s growth strategy
Rachel Reeves is leading the charge for a more competitive UK economy, however is the insurance sector cutting off its nose to spite its face with regulation that hampers agile innovation?
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News
FCA action against misleading financial adverts nearly doubles
’Over the past year, we have seen a growing number of misleading and illegal financial promotions,’ says director
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News
Backchat: January/February 2025
Office moves, chairship conclusion, a podcast launch and a tour with a difference – what has the insurance industry been up to of late? You heard it here first…
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News
FCA places restrictions on Scottish broker after premium payment concerns
The FCA says it is working with the relevant authorities over the situation