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A tough line on insolvency

A new piece of EU legislation comes into force in the UK in April. The Insurers Reorganisation and Winding Up Directive will have a huge impact on future insurance insolvencies. Paul Evans investigates its wider implications.

The European Union's Insurers Reorganisation and Winding Up Directive
will be implemented in the UK by 20 April 2003. Once it comes into force,
it will have a fundamental impact on the outcome of

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FCA’s Knight insists CPD changes are not a relaxation

The Financial Conduct Authority’s decision to ditch its 15-hour-per-year continuing professional development requirement for insurers should not be viewed as a relaxation of standards, according to the regulator’s director of insurance, Chris Knight.

Big Interview: Chris Knight, Financial Conduct Authority

The Financial Conduct Authority’s new director of insurance, Chris Knight, speaks exclusively to Insurance Post about premium finance, why enforcement action against firms that fail to comply with the Consumer Duty is looming plus whether the watchdog could soon scrutinise ChatGPT.

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