by Kenneth Underhill | Apr 8, 2024 | FCA, ICSR News, Webinars
The FCA Business Plan sets the regulatory agenda for insurance firms in the coming 12 months. Released on 19th March 2024, the plan sets out the key areas of focus for the next 12 months, the last of its 3 year strategy laid out for 2022-2025. These are:Protecting...
by Kenneth Underhill | Mar 19, 2024 | Appointed Representatives, Blueprint Two, Brokers, Climate Change, Compliance, Consumer Duty, Culture, Digital, Enterprise Risk Management, Environmental Social and Governance, Fair value, FCA, HR, ICSR News, Insurers, IT, Kenneth Underhill, Lloyd's, Multi Occupancy Buildings Insurance, Operational Resilience, Operations, Pricing, Product Governance, Prudential Regulation Authority, Risk, Solvency, Vulnerable customers
The latest edition of Horizons, our quarterly report for senior leaders across compliance, risk and regulatory roles within insurance firms is now available. This edition covers:IntroductionThe Longer-term HorizonQ1 2024 Issues: GeneralFinancial Services Future...
by Kenneth Underhill | Mar 11, 2024 | Compliance, Consumer Duty, Fair value, FCA
Baseball may not be a major sport on this side of the Atlantic, but most people will be familiar with the “three strikes and you’re out” concept. If the multi-firm review and findings from the FCA back in September 2022 were considered ‘Strike One’ for insurance...
by Kenneth Underhill | Mar 11, 2024 | Compliance, Consumer Duty, Fair value, FCA
The Financial Conduct Authority (FCA) recently issued a damning assessment of firms’ response to the Product Governance and Fair Value rules. Whilst pockets of good practices have been cited as examples, the overarching theme in Matt Brewis’ “Dear CEO” letter of 23rd...
by Kenneth Underhill | Feb 21, 2024 | Compliance, Consumer Duty, FCA, ICSR News
ICSR has launched a new ‘Talking Heads’ podcast series, featuring interviews with members of the team, complementing our ongoing series of webinars which remain available as recordings on our YouTube channel. Episode 1 of our new podcast features Compliance...