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FCA makes final appointment to ExCo with Georgina Philippou as Chief Operating Officer
General Counsel: Sean Martin. Tracey McDermott said:. “We now have in place an Executive Committee with a range of experience from the industry and regulation both here and abroad. ... The FCA also announced that Linda Woodall would become Director of -
PS18/1: Insurance Distribution Directive implementation - Feedback and near-final rules to CP17/33 and other IDD consultations
This is our third Policy Statement setting out near-final rules for the implementation of the Insurance Distribution Directive (IDD). -
Insurance providers warned not to undervalue cars or other insured items when settling claims
Insurance firms have been warned not to undervalue cars and other insured items when settling insurance claims especially during the cost of living squeeze. -
Reforms will make financial advice and guidance work better for consumers
Co-chaired by Charles Roxburgh, Director General, Financial Services at HM Treasury and Tracey McDermott, acting Chief Executive of the Financial Conduct Authority (FCA), the review has found that there is ... The report also urges the government to -
PS16/14: Financial Services Compensation Scheme – Changes to the Compensation sourcebook: feedback on CP15/40 and final rules
We proposed the following:. an increase in the non-investment (general and pure protection) insurance mediation compensation limit from 90% to 100% for claims in relation to certain types of insurance. ... Of particular interest will be the:. increase in -
Supporting consumers through tough times – priorities for credit regulation
Speech by Brian Corr, Interim Director of Retail Lending at the FCA, delivered at Credit Summit 2022 -
PS22/13: Calculating redress for non-compliant pension transfer advice
We set out the changes to our methodology for calculating redress for consumers who suffered financial loss from transferring from a defined benefit to a defined contribution pension scheme following non-compliant advice. This includes former -
Coronavirus and customers in temporary financial difficulty: guidance for insurance and premium finance firms
We set out our expectations for firms when considering the fair treatment of existing customers, and in particular customers with temporary financial difficulties due to coronavirus. -
FCA appoints David Anthony Scott as Interim General Counsel and Raj Parker as a senior legal adviser
The FCA has appointed David Anthony Scott as its Interim General Counsel. -
How can we ensure that Big Data does not make us prisoners of technology?
Speech by Charles Randell, Chair, Financial Conduct Authority and Payment Systems Regulator, delivered at Reuters Newsmaker event, London.