Financial Conduct Authority (FCA)
MPs for Financial regulation scrutiny panel unveiled
Half of a 12 member committee charged with scrutinising the government’s draft Financial Services Bill have been identified by the House of Commons.
Hoban addresses insurance community
This morning Mark Hoban, Financial Secretary to the Treasury gave a speech to the London 100 Group at the City of London Club.
News analysis - Regulation: The more things change
With detail emerging on what life under the Prudential Regulation Authority will look like, Mathew Rutter analyses the similarity of themes to the current approach and pinpoints potential problem areas.
FCA will be "tougher and bolder" than FSA
The Financial Services Authority has outlined how its successor body charged with conduct and market regulation will be “tougher, bolder and more engaged with consumers".
ABI Conference: FSA and Eiopa clash over Bank of England role
The Financial Services Authority has clashed with the European Insurance and Occupational Pensions Authority over the Bank of England’s role in the regulation of the insurance sector.
Only 12% believe Government FSA overhaul will meet 2012 deadline
Almost three fifths (58%) of insurance professional questioned by the Chartered Insurance Institute think that the industry’s needs have not been taken into account in the plans to overhaul the Financial Services Authority.
Biba: regulation is bigger burden than tax
The regulatory burden imposed by the Financial Services Authority (FSA) on the insurance broking sector is a greater competitive disadvantage than the amount of corporation tax it pays, the British Insurance Brokers’ Association has warned.
ABI issues regulatory overlap warning
The Association of British Insurers has warned that the new financial regulatory authorities could lead to dual regulation for its members.
Interview - Jonathan Evans MP: APPG - priorities, progress and provocations
Chairman of the All Party Parliamentary Group on Insurance & Financial Services Jonathan Evans talks to Mairi MacDonald about the group's priorities, progress and provocations.
IUA highlights key regulatory challenges facing London Market
A regulatory maelstrom is taking up significant management time and compliance costs of London Market companies, according to the London Underwriting Association.
Editor's comment: hard work starts here
The British Insurance Brokers' Association must be feeling pretty vindicated and pleased with itself right now — and justifiably so.
Margaret Cole set to oversee top regulatory conduct role
Margaret Cole, currently the director of enforcement at the Financial Services Authority, is set to temporarily become head of the Financial Conduct Authority – one of two new regulatory bodies to be formed in April.
Biba calls for "fresh approach"
The British Insurance Brokers’ Association has outlined the key findings of its Future of Regulation research at a parliamentary reception in the House of Commons, to an audience of MPs, civil servants, Lords and the industry.