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Final Guidance: Business interruption insurance test case - proving the presence of coronavirus (Covid-19)
This guidance sets out the types of evidence and methodologies which policyholders may use when proving the presence of coronavirus (Covid-19) in a particular area around their premises. -
Update on FCA test case of the validity of business interruption claims
FCA update on progress on its court action on business interruption (BI) insurance policies -
Dear CEO letter: Firms’ preparations for transition from LIBOR to risk-free rates - insurers [pdf]
The Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) are writing to the CEOs of large banks and insurance companies regarding the ongoing global benchmark reform effort mandated by the Financial Stability Board (FSB), -
Call for Input: PRIIPs Regulation – initial experiences with the new requirements [pdf]
We are seeking input from firms and consumers about their initial experiences of the requirements introduced by the Packaged Retail and Insurance-based Investment Products (PRIIPs) Regulation and the related PRIIPs Regulatory Technical Standards (RTS -
Information for customers of The Mortgage Matters Partnership (TMMP)
Some of TMMP’s customers were given mortgage advice which may have been unsuitable and a customer contact and redress programme was started. The firm has been declared in default by the Financial Services Compensation Scheme (FSCS) and as a result -
CP14/29: Guaranteed Asset Protection insurance: a competition remedy
CP14/29: Guaranteed Asset Protection insurance: a competition remedy. Consultation papers First published:. ... In this paper we set out proposed changes to the guaranteed asset protection (GAP) insurance market. -
SM&CR categorisation for solo-regulated firms
Under SM&CR, solo-regulated firms are categorised as limited scope, core or enhanced. Find out which category your firm is in and how you can review this. -
Business interruption insurance test case: Supplementary Note of Ecclesiastical Insurance Office Plc and MS Amlin Underwriting Ltd [pdf]
Supplementary Note of Ecclesiastical Insurance Office Plc and MS Amlin Underwriting Ltd for the trial in the business interruption test case. -
The retrospective application of rules: feedback on the call for examples
We asked firms to provide examples of the retrospective application of regulatory rules -
Information on the numbers of cyber incidents reported to the FCA - August 2020
We hold Information on the numbers of cyber incidents reported to the FCA in response to previous requests.