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FCA takes no chances in implementing its Consumer Duty: what this means for insurers and intermediaries
As we flagged earlier this year, the FCA’s new Consumer Duty is perhaps the most important regulatory development in the UK this year. As we reach the FCA’s end of October deadline for firms’ boards to have scrutinised, challenged and ultimately agreed the implementation plan for this wide-ranging duty, the focus is turning to how to implement it in time for July 2023.
Insurers and intermediaries: UK legal and regulatory certainties for 2022 - Part 1: Key issues
As the pandemic continues, once again businesses are starting the New Year looking for more certainty. We are therefore taking a high level look at some key legal and regulatory certainties likely to have a significant impact on insurers and intermediaries in 2022. The following proposals are already (or imminently) either in force or in consultation.