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Governance consultation

The Central Bank and Financial Regulator in Ireland have announced the start of a public consultation on new corporate governance standards for banks and insurance companies.

Consultation paper CP41 on corporate governance requirements for credit institutions and insurance undertakings, sets out minimum requirements as to how banks and insurance companies should organise

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How should success of FCA’s response to Which be judged?

The effectiveness of the Financial Conduct Authority’s regulatory action in response to Which’s super-complaint about home and travel insurance is reflected in smoother claims handling, not in the number of reviews or fines, according to Claire Massey, founder of Claim Guardians.

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