by Kenneth Underhill | Sep 6, 2024 | Appointed Representatives, Blueprint Two, Brokers, Climate Change, Compliance, Consumer Duty, Digital, Enterprise Risk Management, Environmental Social and Governance, Fair value, FCA, HR, Insurers, IT, Lloyd's, Multi Occupancy Buildings Insurance, Operational Resilience, Operations, Pricing, Product Governance, Prudential Regulation Authority, Risk, 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:IntroductionThe Longer-term HorizonQ3 2024...
by Kenneth Underhill | Jul 5, 2024 | FCA, Prudential Regulation Authority
With no great surprise, we find ourselves with a labour government holding the reigns to power today for the first time in 14 years. Will that usher in an ideological change in regulatory direction for insurance leaders to contend with or is the reality that the...
by Kenneth Underhill | Jul 2, 2024 | Compliance, FCA, HR, Lloyd's, Prudential Regulation Authority
In the FCA’s Notice to Provide Information letter of 6th February, it launched a sector-wide information gathering exercise to assess the volume of incidents being reported by individual firms related to acts of non-financial misconduct (“NFM”).It referenced its...
by Claire King | May 21, 2024 | FCA, Operational Resilience, Prudential Regulation Authority
In March 2021, the PRA and FCA issued their joint final supervisory statements related to firms’ demonstration of Operational Resilience (SS2/21 and PS21/3). Learning lessons of the fallout from TSB’s technical issues related to its IT systems and data migration...
by Kenneth Underhill | Apr 19, 2024 | FCA, ICSR News, Webinars
Watch Recording – The FCA Business Plan & Strategy 2024/5 – A Look At The Key PointsIn this webinar, Kenneth Underhill and Claire King explore the FCA 2024-5 Business Plan in detail and help firms understand how they need to adapt their approach to...
by Kenneth Underhill | Apr 8, 2024 | FCA, ICSR News, Webinars
The FCA Business Plan sets the regulatory agenda for insurance firms in the coming 12 months. Released on 19th March 2024, the plan sets out the key areas of focus for the next 12 months, the last of its 3 year strategy laid out for 2022-2025. These are: Protecting...
