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Finance industry anti-terror excercise highlights areas of concern

The Tripartite Authorities - Her Majesty's Treasury, the Financial Services Authority and the Bank of England - are today publishing the results of a survey of the UK financial sector's ability to cope with major operational disruption, such as a terrorist attack or natural disaster.

More than 60 of the UK's most significant firms and financial infrastructure providers volunteered to take part in the Resilience Benchmarking Project and many of them helped in its planning and

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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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