Despite all of the work undertaken by firms to manage and oversee the implementation of their Brexit solutions and the regulatory oversight involved in obtaining consent we are seeing a trend involving increased scrutiny resulting from these reorganisations.read more
ICSR Director Kenneth Underhill will be joining Lucinda Carney at Actus for a webinar on 14th May titled “Embedding the ethos of SMCR – How to deliver genuine cultural change”. Register to join us.read more
The FCA’s Latest Warning: Value, Pricing, the GI Distribution Chain and the Customers’ Best Interest Rule
The Latest FCA thematic review report, “General Insurance Distribution Chain”, is a culmination of two simultaneous but separate reviews. ICSR Senior Consultant Craig Umbleja has been looking at the effect of these.read more
ICSR has entered into a strategic working relationship with KYC Global supporting the implementation of RiskScreen, their simple, powerful and cost-effective Anti-Money Laundering (AML) screening & client lifecycle risk management technology solution.read more
The FCA has been concerned with value being provided to consumers for some time, with various market studies, thematic reviews and pilots being conducted by the FCA since it was created. Senior Consultant Craig Umbleja explores the issues for the insurance market.read more
Until last week the Brexit date was the 29th of March and the arrangements which the PRA and FCA have developed for hard and soft Brexit provided a degree of stability. A new Brexit date has been agreed with the EU which would see an extension to the date on which Brexit would take place.read more
With less than a month to go before we officially leave the EU, there are still a lot of unknowns. In the few weeks before 29 March there will be significant developments through the series of votes planned for parliament to consider. We are delighted to invite you to our latest Brexit seminar on Wednesday 20 March.read more
The IDD came into effect for insurers and intermediaries on 1st of October last year. 2019 sees 2 regulatory bodies looking at whether businesses have properly implemented IDD.
We thought it might be beneficial to remind everyone what they needed consider by 1st October 2018 and provide a checklist.read more
As the wholesale broker market breathes a collective sigh of relief at the closure of the FCA’s market study, it should not overlook the improvements still required. Jason Jones looks at 3 key areas brokers should pay close attention to.read more
EIOPA has released a long-awaited set of recommendations which were rumoured to offer some slight relief to UK intermediaries not yet ready for Brexit.
Kenneth Underhill looks at the reality of the situation for UK Intermediaries.read more
On 12th & 13th February, Kenneth Underhill and Jason Jones of ICSR and Lucinda Carney of Actus talked about the Senior Managers Certification Regime, looking at the future for FCA regulated firms from the perspective of senior managers. See the full presentation.read more
Listen to Kenneth Underhill talk about the current work being undertaken by the FCA and Competition and Markets Authority on insurance pricing in a market briefing titled “Supercomplaints, FCA & The Problem with Pricing in Financial Services”.read more