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Environment Agency makes flood recommendations

The Environment Agency today published its comprehensive review of this summer’s floods, highlighting issues such as complex responsibilities for flooding from drains and the vulnerability of critical infrastructure.

The review, which makes 33 recommendations, is supported by six case studies and 100 internet pages describing the scale of the summer floods and its impacts - which saw more than 55,000 homes and

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FCA vows to keep pressure on premium finance APRs

The Financial Conduct Authority has said it will “continue to put pressure” on companies offering premium finance in a bid to continue lowering annual percentage rates after revealing the impact its enforcement action has had so far.

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.

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