Do you really know what is going on in your business in a way that helps improve performance and also meets the Regulator’s expectations?
Controlled Functions – Take Note
Bruce Fayle explores the FCA controlled function rules and the implications of seeking approval retrospectively.
What is a 'Span of Control'?
What is a ‘span of control’? This is a question that every firm should be able to answer, but in my experience, few effectively can.
Duty of Responsibilities under the proposed Senior Managers Regime (SMCR)
The FCA has issued a short consultation of their views around the Duties of Responsibility for FCA regulated firms arising out of the proposed regime (CP17/42).
The Insurance Distribution Directive Part II
RWA Chairman, Terence Clark, provides an overview of the Policy Statement PS17/27, which was recently issued by the FCA.
Threshold Condition Five – Viable Business Model
The FCA wants to ensure that your firm and its business model is fit enough to face future challenges and be around in years to come to service and advise your clients...
The FCA and Bluefin
The FCA has issued a Final Notice for Bluefin Insurance Services Limited, imposing a penalty of £4,023,800...
Threshold Conditions - Do you understand the requirements?
Failure to meet any of the five Threshold Conditions will mean that you are in breach of FCA rules - do you fully understand the requirements?
The Regulatory Horizon - 2018 and Beyond
As the year-end approaches, we have dusted off the crystal ball, stirred the tea leaves and rubbed the lucky rabbit's foot to try and see what is in store for insurance brokers in 2018.