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Insurers should not underestimate work involved for SII implementation

Ernst & Young has warned insurance companies to recognise the urgency of meeting the 31 October 2012 deadline for Solvency II.

The Financial Services Authority has published its Solvency II Directive 09/1 update paper today following the Directive passing its final hurdle at yesterday's ECOFIN meeting.

Martin Bradley, head 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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