The coronavirus pandemic has tested nearly all businesses on their ability to deal with the unexpected. Failure to be prepared can prove devastating to a business, which is why business continuity planning is so important.
FCA Outlines Response to Covid-19 and Expectations for 2020
In a recent speech, the FCA has outlined its response to the Covid-19 pandemic and its expectations for 2020.
FCA Update on Business Interruption Claims
The FCA has provided an update on the progress of its court action on business interruption insurance policies, following the announcement in May that it was seeking legal clarity to help resolve doubt for those businesses facing uncertainty on their claims.
FCA Allowing Individuals to Carry Over CPD Due to Coronavirus
The FCA has published guidance for firms on its expectations regarding CPD during the coronavirus pandemic. This article outlines the exceptional circumstances which would allow firms to defer individuals’ CPD to the next CPD year as well as how firms can help staff continue their CPD.
Scam Emails - A Warning to Brokers
It has been brought to our attention at RWA that several of our clients have received emails purportedly from the FCA asking them to complete a compliance questionnaire by 28 May 2020. This has been confirmed as a scam by the FCA.
What is Financial Vulnerability?
The coronavirus pandemic has presented unprecedented challenges for all businesses, including insurance brokers. Atul Patel looks at financial vulnerability and what brokers can do to navigate these difficult times.
How Firms Should Handle Complaints During Coronavirus
The FCA has laid out how firms should handle complaints during the coronavirus pandemic.
FCA Seeking Legal Clarity on Business Interruption Insurance
The FCA has announced it intends to seek legal clarity on business interruption insurance to resolve doubt for businesses who are facing uncertainty on their claims.
FCA Expectations on Vulnerability
The coronavirus pandemic has resulted in an increase in vulnerability. Kirk Ford explains how the FCA expects firms to consider the needs of customers and show flexibility in their treatment.