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Business interruption insurance test case: Finalised guidance for firms [pdf]
This finalised guidance sets out the FCA's expectations for insurers and insurance intermediaries when handling claims and complaints for business interruption policies during the test case brought by the FCA. -
Financial promotions quarterly data 2022 Q1
We publish data on the number of financial promotions that it has taken action on to mitigate non-compliance with the our rules. This data is for January 2022 to 31 March 2022. -
Applying conduct rules to all non-executive directors in the banking and insurance sectors: PS17/8
This Policy Statement (PS) introduces final rules to extend our Code of Conduct sourcebook (COCON) to standard non-executive directors (NEDs) in banks, building societies, credit unions and dual-regulated investment firms (‘banks’) and insurance -
Persistency reports: insurance companies
Insurance companies with permission to carry out life policies, must send us a persistency report by 30 April each year, in line with SUP16.8. Learn more on submitting a report. -
The FCA's regional FinTech engagement
Speech by Christopher Woolard, Executive Director of Strategy and Competition at the FCA, delivered at Leeds Digital Festival. -
Business interruption insurance test case: List of policies capable of responding to Covid-19 [pdf]
A list of policies capable of responding to Covid-19 in the business interruption insurance test case. -
The challenges for insurance and regulators in a Big Data world
Speech by Andrew Bailey, Chief Executive of the FCA, delivered at the Association Of British Insurers (ABI) annual conference. -
Borrowers in financial difficulty (BiFD) project – supporting those facing payment difficulties due to coronavirus – interim findings
In March 2021, we launched the BiFD project to ensure firms continue to support borrowers in financial difficulty. As part of this work, we have been monitoring, gathering insight and acting where we have identified concerns at individual firms. -
FCA fines Stonebridge International Insurance Limited £8.4m in relation to sales of insurance policies
FCA fines Stonebridge International Insurance Limited £8.4m in relation to sales of insurance policies. ... The Financial Conduct Authority (FCA) has fined Stonebridge International Insurance Limited (Stonebridge) £8,373,600 in relation to sales of -
Business interruption insurance during the coronavirus pandemic - High Court test case
Statement on how we are engaging with policyholders and insurance intermediaries on business interruption (BI) insurance.