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FCA response to DLUHC: Buildings insurance to multi-occupancy buildings [pdf]
We respond to a letter from the Department for Levelling Up, Housing and Communities (DLUHC) requesting we review the availability and cost of buildings insurance for multi-occupancy residential buildings. -
Statement on MiFID II inducements and research
FCA welcomes the US Securities and Exchange Commission’s extension of no-action relief relating to MiFID II inducements and research provisions -
Business interruption insurance test case: FCA’s Reply to all the Defendants’ Defences [pdf]
The FCA has now served its Reply, which sets out its response to the Defences in the Business interruption insurance test case. -
Call for Input: Open finance
In this paper we set out some of the recent developments across the crowdfunding sector and a number of concerns that we have identified in response. -
The FCA has fined Liberty Mutual Insurance Europe SE £5.2 million for failures in its oversight of mobile phone insurance claims and complaints handling
The Financial Conduct Authority (FCA) has fined Liberty Mutual Insurance Europe SE (Liberty) £5,280,800 for failures between 5 July 2010 and 7 June 2015 in its oversight of its mobile phone insurance claims and complaints handling processes -
Commercial Insurance Claims by SMEs: Report of Findings from File Reviews [pdf]
As part of the FCA’s thematic review to look at the handling and management of first party Property and related Business Interruption claims submitted by small and medium-sized enterprises (SMEs)1, Camford Sutton Associates (CSA) were engaged by -
The FCA’s role in promoting innovation
Speech by Christopher Woolard, Director of Strategy and Competition at the FCA, delivered at the BBA FinTech Banking Conference. -
Business interruption test case: Order (15 September 2020) [pdf]
This is the sealed order dated 15 September in the Business Interruption insurance test case giving procedural deadlines following the High Court judgment. -
Societies prosecuted in 2017 under the Co-operative and Community Benefit Societies Act 2014 [pdf]
Societies that have been prosecuted for not submitting their annual returns and accounts in 2017. -
Moving towards a sustainable model of regulation
Speech by Tracey McDermott, Acting Chief Executive, FCA, delivered at the ABI (Association of British Insurers) Conference in London. This is the text of the speech as drafted, which may differ from the delivered version.