Posts Tagged
‘“Regulation”’

HM Treasury’s new Financial Inclusion Strategy sets clear expectations for insurers to improve access, affordability, and support for vulnerable customers. This blog outlines what the sector should prioritise as financial inclusion becomes a growing regulatory and political focus.

The upcoming UK–Switzerland Berne Financial Services Agreement (BFSA) opens new doors for UK insurers and brokers, enabling cross-border access to the Swiss market without a local licence. But with opportunity comes obligation. Here’s what firms need to know and how to prepare before the 2026 implementation.

The Bank of England, PRA and FCA have outlined what “good” looks like in cyber response and recovery. Their latest paper highlights how leading firms are preparing for severe cyber incidents and what others can do to strengthen resilience.

The FCA’s proposed Motor Finance Consumer Redress Scheme (CP25/27) could see up to £8.2 billion repaid to customers, but its implications go far beyond motor finance. For insurance firms, it’s a sharp reminder that transparency, fair value, and governance under Consumer Duty must be watertight.

The FCA is clear: only complete, well-evidenced applications will pass its strengthened gateway. Its latest review highlights good and poor practice across firm authorisations, SMF approvals, and controller applications, giving firms a clear benchmark. Poor submissions risk rejection, scrutiny, and leadership accountability.

This article breaks down the FCA’s findings, common pitfalls, and practical steps to prepare regulator-ready submissions.

The FCA has made oversight of Appointed Representatives a strategic priority — and firms are under the microscope. We unpack the regulator’s latest multi-firm review, the risks for principal firms, and the steps you should take now to stay ahead of scrutiny.

Early warning signs of cultural risk rarely appear where firms expect them. This piece explores how organisations can move beyond reactive whistleblowing systems and build proactive, multi-channel approaches that capture subtle signals before they escalate.

The FCA, PRA, and HM Treasury are rewriting the rules of engagement for financial firms. This blog unpacks the headline reforms and how firms can prepare for what’s coming.

The FCA’s new consultation paper addresses bullying, harassment, and discrimination within regulated firms, making non-financial misconduct a key regulatory concern. This blog explores how firms must update policies and culture to meet these evolving requirements.