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 Kenneth Underhill | Apr 16, 2025 | FCA, FCA Plan, ICSR News, Webinars
The FCA Annual Work Programme sets the regulatory agenda for insurance firms in the coming 12 months. Released on 8th April 2025, the plan sets out the key areas of focus for the next 12 months, the first of its new 5 year strategy laid out for 2025-2030. These are: A...
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 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...