Webinar Recording: The FCA Business Plan & Strategy 2024/5 – A Look At The Key Points
Watch the webinar recording from 17th April as Kenneth Underhill & Claire King explore the FCA 2024-5 Business Plan in detail, helping firms understand how they need to adapt their approach to regulatory compliance to align with the latest FCA expectations and areas of focus.
Owen Greenwood joins ICSR as Senior Operations Consultant
ICSR is delighted to welcome Owen Greenwood to the team as Senior Operations Consultant. Owen is a transformation and operations expert with extensive experience helping insurance sector clients achieve their strategic and operational goals.
Webinar: The FCA Business Plan & Strategy 2024/5 – A Look At The Key Points
Join us for a webinar on 17th April as Kenneth Underhill explores the FCA 2024-5 Business Plan in detail, helping firms understand how they need to adapt their approach to regulatory compliance to align with the latest FCA expectations and areas of focus. Register now.
ICSR Horizons Q1 2024: Our Quarterly Report For Senior Leaders
The Q1 2024 edition of Horizons, our quarterly report for senior leaders across compliance, risk and regulatory roles within insurance firms is now available. Get your copy.
FCA Fair Value & Product Governance ‘Dear CEO’ Letter – Strike Two From The Regulator?
If the multi-firm review & findings from the FCA in Q3 2022 were considered ‘Strike One’ for insurance firms, then the FCA’s “Dear CEO” letter of 23rd February titled ‘Re: Product Governance Thematic Review – General Insurance and Pure Protection’ can be considered ‘Strike Two’.
VisRisk Solves The Challenges Of Assessing, Evidencing And Delivering Fair Value Whilst Creating Operational Efficiency
Learn how VisRisk solves the challenge of assessing, evidencing & delivering fair value whilst creating operational efficiency, addressing concerns raised by the FCA in their assessment of firms’ response to Product Governance rules.
Market Modernisation – Balancing Risk & Readiness
Change is inevitable and our market is constantly managing a whole variety of change programmes, each with their own level of risk. Blueprint Two is certainly one of the larger programmes. Benoit Steulet and Claire King look at the work necessary to balance risk & readiness ahead of the Phase 1 cutover in July 2024.
ICSR Launches Podcast Talking Heads Series
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 features Compliance Consultant, Palak Bedi talking about the Consumer Duty.
Solvency Reform, The Secondary Growth Objective And Electoral Risk
Reform of the Solvency rules affecting insurance firms operating in the UK is well underway and remains one of the oft-referred-to benefits of our exit from the EU. But could an early election mean remaining legislation might fall to a new Government to conclude? Claire King considers the issue.
Fair Value And The Problem With GAP
The FCA has announced that GAP insurers have agreed to withdraw their product on the grounds of lack of Fair Value. Kenneth Underhill looks at the underlying issues and identifies four key learning points that all insurers should consider when assessing the Fair Value of their product sets.
Solvent Exit Planning – Closing The Door Before The Horse Has Bolted
The PRA have published their Consultation Paper on Solvent Exit Planning, with proposals requiring firms to prepare a Solvent Exit Analysis (SEA) and a Solvent Exit Execution Plan (SEEP). Claire King looks at the proposed rules.
Climate Change Disclosure – Managing Multiple Stakeholders
As the financial services sector completes its second year of mandatory climate change disclosure reporting, it’s a good time to take a step back and review the current requirements and how these are to be enhanced and harmonised against the standard setters’ expectations.