To help keep you on the right side of the FCA we’ve dissected their recent review on claims handling for stolen or written-off vehicles. From vehicle valuation and communication techniques to outsourcing and data collection, the FCA’s findings could significantly impact your processes and customer relationships. Ensure you’re ahead of the curve by understanding how these findings can shape the future of claims handling.
The countdown is on for the Consumer Duty coming into effect for closed products. To help keep pace and continue momentum on your work in relation to this, here are 7 steps for better compliance.
A Day in the Life of Pam Raihal: From Publising to Compliance. Explore the fascinating journey of Pam Raihal – Padda Consulting’s Client Relationships Manager, as she traded headlines for regulations.
The FCA’s consultation paper on DEI suggests firms publicly disclose their targets for transparency, accountability, and benchmarking progress. This aims for positive change but stakeholders must note potential limitations.
The determination of the FCA to clamp down on misleading financial promotions is clearly ramping up. The figures prove it. So what do compliance experts need to focus on to ensure they’re not part of that unwanted mix?
The FCA’s update on financial crime published in February is a timely reminder that financial crime issues should still be towards the top of your agenda. We’ve captured the key areas of focus and your key considerations.
The FCA has announced that it is conducting a review into how firms are acting to understand and respond to the needs of vulnerable customers. Here’s the ‘why, how and when’ on the review and our proactive advice.
In an era where technology is redefining the financial landscape, it’s crucial for firms to stay ahead of the curve. Nikhil Rathi, CEO of the FCA, recently shed light on the importance of embracing this digital revolution, but with a cautious approach.
Discover the key take-outs from the speech and learn top tips on how to navigate the dynamic intersection of finance and technology successfully.
The FCA has published its business plan for the year ahead. This is the final phase of its three-year strategic vision, and it sets out their focus and commitments – none of which should be ignored by firms.
Padda Consulting is a London based compliance consultancy, focused on helping the insurance industry maintain and achieve regulatory compliance. We work with firms of all sizes, worldwide, our clients include but are not limited to brokers, insurers, Lloyd’s of London syndicates, MGA’s and Coverholders.
At Padda Consulting everything is informed by our three core principles: commitment, collaboration and consultancy.
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