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Facing the music

With the introduction of Solvency II just around the corner, Marcus Alcock asks whether the regulatory framework will be in tune with the needs of businesses

The European insurance sector has long been criticised for lagging behind the banking industry when it comes to the development of sophisticated financial instruments or the implementation of

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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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