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FCA sets out expectations for general insurance firms during coronavirus (Covid-19) pandemic
The FCA has today set out expectations for general insurance firms and provided information for consumers about what they should see from their insurance provider during the coronavirus pandemic. -
Further statement from the RFRWG on the impact of Coronavirus on the timeline for firms’ LIBOR transition plans
Further to the joint statement made on 25 March it remains the central assumption that firms cannot rely on LIBOR being published after the end of 2021. The FCA and the Bank of England have worked with members of the Working Group on Sterling -
Additional events for mortgage and general insurance firms announced for Live & Local regional programme
As we continue the successful regional events in the Live & Local programme, we are now announcing details of the first set of events taking place in 2018 for regulated mortgage and general insurance firms. -
FCA response to IBA’s proposed consultation on intention to cease US$ LIBOR
ICE Benchmark Administration (IBA), the FCA-regulated and authorised administrator of LIBOR, has announced that it will consult in early December on its intention to cease US$ LIBOR. The FCA welcomes and supports the proposal to consult on a clear -
Brexit: information for life insurers in the UK about pensions and retirement income
A focus for UK life insurers is their ability to continue to provide services to EEA-based customers (including expats). -
PS15/29: Strengthening accountability in banking: Final amendments to the Decision Procedure and Penalties Manual and the Enforcement Guide
This policy statement will be relevant to:. UK banks, building societies, credit unions. -
SM&CR information related to general insurance and protection intermediary firms - June 2022
The FCA provides data on the Senior Managers and Certification Regime (SMCR), in respect of: general insurers and general insurance intermediaries. -
Business interruption insurance test case: final transcript of the second Case Management Conference on 26 June [pdf]
This is the final approved transcript of the 26 June 2020 hearing in the business interruption insurance test case. -
FCA finalises its expectation for firms on maintaining access to cash for customers
The FCA has set out its expectations for the steps firms should take when considering closing branches or ATMs, or converting a free to use ATMs to pay to use. -
FSA and OFT publish guidance to firms designing new payment protection products
The Financial Services Authority (FSA) and the Office of Fair Trading (OFT) have jointly published final guidance to help prevent the problems associated with Payment Protection Insurance (PPI) recurring in a new generation of products.