Insurance Brokers

On the 9^th of December 2019, SM&CR was extended to FCA solo-regulated firms. In this article, we bring together our SM&CR-focused articles from throughout the year.

There is less than a week to go until the arrival of SM&CR on the 9^th of December. In this article we provide an overview of the Conduct Rules.

The FCA has recently published research, based on its own data, into gender diversity in the financial services industry.

There are now less than two weeks to go until the arrival of SM&CR on the 9^th of December. Here we provide an overview of the Certification Regime under SM&CR.

The FCA is consulting on proposed policy changes to way it raises fees from 2020/21.

The FCA and the PRA have banned and fined the former CEO of a small mutual insurer, with fines of £78,318 and £76,180 respectively.

Senior Managers are the most senior people in a firm with the greatest potential to cause harm or impact upon market integrity if they do not perform their duties appropriately. Here we provide an overview of the Senior Managers Regime under SM&CR.

The Prudential Regulation Authority (PRA) has expressed ‘deep concern’ over reports of sexual harassment and bullying within the London market and has called on the general insurance sector to do more to improve organisational culture.

With the arrival of SM&CR imminent, firms should by now be prepared for the new regime. Here’s what you need to know before the implementation date…