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Act to be reformed.

A compromise has now been reached between the US Federal Reserve and the Treasury to reform the Glas...

A compromise has now been reached between the US Federal Reserve and
the Treasury to reform the Glass-Steagall Act. It means banks,
traditionally regulated by the Federal Reserve, will be able to

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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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