Financial Conduct Authority (FCA)

FCA fines total £392m in 2019

The Financial Conduct Authority levelled £392.3m of fines last year including one in the general insurance sector and its first against a claims management company.

Blog: Will the FCA ban automatic price rises in 2020?

The regulator has noted concern that competition isn’t working well for all consumers in the house and motor markets but Tony Tarquini, director of insurance for Europe, the Middle East and Africa at Pegasystems, believes a ban on automatic price rises…

Analysis: What's on the horizon for 2020?

For an industry that strives to understand and manage risk, uncertainty is not something that is relished. But with some market hardening, a final report from the Financial Conduct Authority on pricing practices and the possibility of Brexit all on the…

Regulators consult on operational resilience

Insurance is one of the sectors under the spotlight in a shared policy summary and joint consultation by the Financial Conduct Authority, Prudential Regulation Authority and the Bank of England on incoming requirements to strengthen operational…

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