by Nicky Hasler | Feb 10, 2022 | Compliance, FCA, Operational Resilience, Operations, Prudential Regulation Authority
As we approach the 31st March 2022, many firms will be asking themselves, have we done enough on Operational Resilience to satisfy the Prudential Regulatory Authority (PRA) and Financial Conduct Authority (FCA)? In March 2021, the PRA supplemented the Operational...
by Nicky Hasler | Dec 14, 2021 | FCA, Financial Crime, Risk
As we approach the end of a turbulent 2021, Insurers, brokers and MGAs are facing ‘work from home’ guidance again. The past 20 months have provided firms with unprecedented challenges and it can be all to easy to overlook day-to-day regulatory requirements when so...
by Nicky Hasler | Jul 5, 2021 | FCA, Financial Crime, Risk
The Insurance sector may be forgiven for not considering itself a direct target for individuals or entities looking to evade their tax responsibilities. The rules and requirements have traditionally focused on banking which is understandable when this sector has often...
by Nicky Hasler | Jun 23, 2021 | FCA, ICSR News, Pricing
The Financial Conduct Authority (FCA) recently published its policy statement outlining the new rules to be implemented for General Insurance Pricing Practices (GIPP). In this article we set out what the new rules are, who they apply to, and the impact of the new...
by Nicky Hasler | Nov 11, 2020 | Financial Crime
Preventing Financial Crime isn’t a new phenomenon, it’s been a global problem for decades. As criminals become increasingly sophisticated, their web of ‘Shell’ Companies, offshore operations and fictitious addresses become more established. The global banking...
