In this article, former FCA Insurance Supervisor John King shares key points from the ICAEW client money webinar as well as his own insights on the issues arising from client money audits.
Both sides of the Coin: AI and its Role in the Financial Services
The FCA’s Chief Data, Information and Intelligence Officer, Jessica Rusu, recently delivered a speech on the benefits, risks, and governance of artificial intelligence in financial services.
Compliance with Confidence Seminars - Autumn 2023
UKGI is delighted to announce that our Autumn seminar is returning in November in both London and Chester.
Why we should all start learning from complaints
Identifying not just who is complaining but rather who is not complaining is an important step
FCA Outlines Insurance Market Priorities for 2023-2025
The FCA has set out its priorities for the insurance market for the next three years, outlining specific risks of harm, and outlining the regulator’s expectations for firms to manage these issues.
Financial services regulators consult on proposals for Diversity and Inclusion
FCA Issues ‘Dear CEO’ Letters Following Latest Fair Value Data
‘Dear CEO’ letters have been sent out to insurers with a warning for firms to take more action to ensure good outcomes for consumers.
RAAC’ing up the cost: Insurance sector responds as RAAC crisis continues
Following the recent safety concerns and increased news coverage on buildings containing Reinforced Autoclaved Aerated Concrete (RAAC), this article explores the wider implications for the insurance sector.
The True Cost of Insurance Fraud: Understanding the Impact on Consumers and the Industry
The Association of British Insurers (ABI) has reported a slight decline in the number of insurance scams being committed, however, it has warned that the value of insurance fraud has increased as criminals become more ambitious.