by Kenneth Underhill | Feb 19, 2019 | Brexit, ICSR News
The European Insurance and Occupational Pensions Authority (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, possibly because through all the uncertainty they...
by Kenneth Underhill | Nov 5, 2018 | Brexit, FCA, ICSR News, Prudential Regulation Authority, Senior Managers and Certification Regime
Against the backdrop of the FCA announcement last week that they will be conducting a full market study into pricing practices in retail motor and home insurance, the Prudential Regulation Authority (PRA) release of their updated ‘approach to insurance supervision’...
by Kenneth Underhill | Jul 25, 2018 | Brexit
The UK Treasury released draft legislation earlier this week designed to provide some certainty amid all the uncertainty. The draft legislation will permit EEA firms to continue to trade in the UK after the Brexit Date in March next year even if no deal has been done...
by Kenneth Underhill | Jun 19, 2018 | Brexit, FCA, ICSR News, Insurance Distribution Directive, Senior Managers and Certification Regime
Businesses should by now be in the final stages of cleaning up the contractual arrangements needed to comply with GDPR having got their policies and procedures approved and operational. There may also still be some IT work underway depending on the size and complexity...
by Kenneth Underhill | May 29, 2018 | Brexit, FCA, ICSR News
Brexit takes place in March next year, regardless of the fact that there may be an agreement (so far with little detail) about a transition period in place until 2020. Most applications for authorisation as an intermediary take 6 or so months for approval once they...
by Kenneth Underhill | May 16, 2018 | Brexit, FCA, ICSR News
It was very interesting to hear Andrew Bailey’s comments today in his speech at BIBA particularly to learn the statistics on Insurance Mediation Directive passporting for the insurance intermediary market. If you haven’t seen the quote, apparently some 60% of...
