by Joanne Backshall | Apr 16, 2025 | Authorisations, Brokers, Compliance, Consumer Duty, Culture, Digital, Fair value, FCA, FCA Plan, Financial Crime, Governance, Insurers, Lloyd's, Operational Resilience, Operations, Pricing, Product Governance, Senior Managers and Certification Regime, Vulnerable customers
The Financial Conduct Authority (FCA) has unveiled its Annual Work Programme for 2025–26, the new name for what was previously referred to as the ‘Business Plan’. The document sets out the new actions the FCA proposes to take, and the existing work it intends to...
by Joanne Backshall | Mar 27, 2025 | Authorisations, Brokers, Compliance, Consumer Duty, Culture, Fair value, FCA, FCA Plan, Financial Crime, Governance, Insurers, Lloyd's, Operations, Pricing, Product Governance, Senior Managers and Certification Regime, Vulnerable customers
The Financial Conduct Authority (FCA) launched its 2025-2030 strategy on 25th March, outlining a roadmap to enhance its regulatory effectiveness, ease the regulatory burden on firms and support the growth of the UK financial services sector. With Nikhil Rathi’s first...
by Joanne Backshall | Mar 27, 2025 | Brokers, Compliance, Consumer Duty, FCA, Insurers, Product Governance, Vulnerable customers
In a co-ordinated release with the new 5-year strategy, the FCA has released its Feedback Statement on “Immediate areas for action and further plans for reviewing FCA requirements following introduction of the Consumer Duty” following the Call for Input in July 2024....
by Joanne Backshall | Mar 24, 2025 | Brokers, Compliance, Financial Crime, Insurers, Vulnerable customers
The FCA’s recent multi-firm review on firms’ treatment of vulnerable customers reveals important insights for financial services firms as they continue to ensure they meet the expectations of the original rules as set out in “FG21/1 Guidance for firms on...
by Kenneth Underhill | Feb 28, 2025 | Appointed Representatives, Blueprint Two, Brokers, Climate Change, Compliance, Consumer Duty, Digital, Enterprise Risk Management, Environmental Social and Governance, Fair value, FCA, Governance, HR, Insurers, IT, Lloyd's, Multi Occupancy Buildings Insurance, Operational Resilience, Operations, Pricing, Product Governance, Prudential Regulation Authority, Risk, Senior Managers and Certification Regime, Solvency, Vulnerable customers
The latest edition of Horizons, our quarterly report for senior leaders across compliance, risk and regulatory roles within insurance firms is now available. You can download your copy of Horizons here. This edition covers: Introduction The Longer-term Horizon Q1 2025...
by Kenneth Underhill | Jan 22, 2025 | Brokers, Compliance, Consumer Duty, Digital, Fair value, FCA, Insurers, IT, Lloyd's
In December, the government wrote to a wide range of regulators asking for their views on how to create a regulatory environment that is “more pro-growth and pro-investment” while respecting the independence of those regulators. That letter of 24th...
