Posts Tagged
‘“Regulation”’

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.

In March, the FCA published a Consultation Paper (CP 24/2) on plans to be more transparent when an enforcement investigation is opened. And it means the potential reputational risk for insurance firms may become significantly greater. Here’s our summary of the CP.

The recent review by the FCA into how manufacturers and distributors are meeting their obligations around product governance flagged various shortcomings. With the potential of more supervisory and regulatory action, here’s some timely advice.

The FCA has recently demonstrated a more assertive approach to regulation under the Consumer Duty, leading multiple insurers to pause sales of Guaranteed Asset Protection (GAP) insurance. In the following article we delve into the FCA’s actions, the implications for firms, and the potential changes in the insurance industry.

With a rising tide of non-financial misconduct within corporate settings, the FCA is taking action to reinforce a culture of inclusivity and positivity. Misconducts such as bullying, sexual harassment and discrimination significantly impact a firm’s culture, and consequently, its stakeholders.
Despite the FCA’s efforts, there’s been an alarming increase in incidents. In this article, we’ve summarised the FCAs actions and mapped out the steps that firms should be taking to ensure they keep staff feeling protected while fostering a positive company culture.