by Craig Umbleja | Dec 2, 2020 | Authorisations, Brexit, FCA, Temporary Permissions Regime
Following the UK’s exit from the EU on 31 January 2020, the UK entered into a transition period which was agreed as part of the Withdrawal Agreement between the UK and EU. During the transition period, which is due to end on 31 December 2020, EU law continues to...
by Craig Umbleja | Oct 21, 2020 | Culture, FCA, Product Governance, Vulnerable customers
Following closure of the consultation period for the FCA Consultation Paper GC20/3 “Guidance for firms on the fair treatment of vulnerable customers” we look at the key issues for firms as they start preparing for the Policy Statement expected at the end of this year...
by Craig Umbleja | Jun 10, 2020 | Coronavirus, Culture, FCA, Product Governance
The FCA released guidance last week that instructed insurance firms to assess the impact of Covid-19 on the value of their insurance products. Whilst it would be easy to see this as simply another obligation in the process of achieving regulatory compliance, our view...
by Craig Umbleja | Apr 29, 2019 | FCA, ICSR News
The Latest FCA thematic review report, “General Insurance Distribution Chain”, is a culmination of two simultaneous but separate reviews. The first of these focused on the value in the distribution chain. The second, investigated whether firms that outsource...