Financial Conduct Authority (FCA)
FCA seeks vote of confidence from industry on its approach
The Financial Conduct Authority is seeking a vote of confidence from the industry on its current regulatory approach.
Aston Scott's Peter Blanc on challenging assumptions on client needs
What brokers believe clients want can be far from the reality
Five firms affected by FCA's system outage last month
The Financial Conduct Authority has confirmed that five firms were unable to submit reports following a system outage last month.
Spotlight on health insurance: Scamming the workplace
Fraudsters are always on the move and with whiplash still seemingly on the government's agenda there are fears repetitive strain injury claims could well be the next whiplash saga.
Appointed representatives abandoning smaller firms following FCA mis-selling review
Appointed Representatives are “voting with their feet” by abandoning smaller principle firms since the FCA’s thematic review into mis-selling among ARs.
Insurtech start-ups: Funding the future
Insurtech start-ups have a range of options to fund their business: from private equity to crowdfunding, from partners to business angels, from incubators to accelerators. Innovators are using old and new ways to raise money - and each of them has its…
UK General suspends AR activity over mis-selling allegations
UK General Insurance has been ordered by the Financial Conduct Authority to look into alleged mis-selling by its appointed representatives.
Brokers call for greater FCA engagement following Simon Green's resignation
Brokers have called for a 'champion of brokers' to take up the role of head of insurance at the Financial Conduct Authority.
FCA to retain large sections of EU regulation post-Brexit
The Financial Conduct Authority has revealed that it plans to retain large sections of EU regulation as the country prepares for Brexit.
How the SSP outage had earthquake repercussions for brokers
Problems started with a power cut but left brokers offline for almost a month
Brokers seek help to monitor ARs in wake of FCA review
Compliance consultants have seen a three-fold increase in the number of brokers contacting them since the Financial Conduct Authority Thematic Review into appointed representatives.
French regulator to 'speed up' licensing for UK firms following Brexit vote
The French stock market watchdog will simplify licencing procedures for UK businesses considering relocating to France following the Brexit vote.
List of 305 brokers affected by SSP outage submitted to FCA
The Financial Conduct Authority has received a list of 305 brokers affected by the SSP outage.
FCA sees dramatic rise in cyber attacks
There were 75 cyber attacks on financial services firms last year, the Financial Conduct Authority said.
FCA data centre outage due to 'accidental discharge' of sprinkler
The outage of the Financial Conduct Authority’s online reporting platform was caused by the ‘accidental discharge’ of a sprinkler system.
SME underinsurance: Protecting customer outcomes
With 5.4 million SMEs in the UK, more can be done to enhance the claims service they receive
SME underinsurance: Fixing the SME market
Has anything changed in the SME sector since the FCA’s thematic review? And if not, why not?
FCA refuses to disclose cost of abandoned Cass 5 review
The Financial Conduct Authority has declined an official request on how much it spent on its now shelved Cass 5 review.
FCA says online reporting portal back online after outage
The Financial Conduct Authority said the “majority” of its systems are back online after an outage at a data centre on Friday.
Major FCA outage due to data centre failure
The Financial Conduct Authority said an outage that has taken its reporting system offline was due to a “physical hardware incident in a data centre”.
FCA reporting system offline after ‘major incident’
The Financial Conduct Authority has seen a number of its systems taken offline by a “major IT incident”, the regulator said in a statement on its site.
FCA reveals feedback on the transformative potential of Big Data
The Financial Conduct Authority today published a feedback statement following its call for Inputs on Big Data in retail general insurance in November last year.
Why 'unhackable' blockchain could revolutionise the insurance industry
Everyone’s talking about it, but is anyone really doing it? There’s a continuous chatter surrounding blockchain, so isn’t it about time more firms used the distributed ledger system?
SSP sends compliance message to brokers via the FCA
In midst of the recent outrage, SSP has sent a message to its brokers via the Financial Conduct Authority to demand total compliance.