Following some recent meetings with the FCA, there are a couple of pieces of information to share.
A Busy 2016 on the Regulatory Front
Who has heard of the PSC? I hadn’t until yet another email popped up on my screen.
Advised and Non-Advised Sales
At a recent meeting with the FCA’s General Insurance Sector Supervision team, the subject of advised versus non advised sales came up.
RWA teams up with Cardiff & Vale Credit Union for specialist regulatory training
Wales based financial services consultancy, RWA, has teamed up with the Cardiff & Vale Credit Union to deliver bespoke specialist training in areas such as FCA Regulations, Dealing with Vulnerable Customers and Treating Customers Fairly (TCF).
New Data Protection Rules On Their Way
The European Commission has announced that agreement has now been reached on a new set of Data Protection rules to apply across the whole of the EU.
What Will The FCA Be Focusing On This Year?
The FCA has recently given an indication of where it sees the main focus of activity during the forthcoming year.
Industry calls for action on underinsurance
Robin Wood of RWA comments on the issues of underinsurance within the insurance industry for Insurance Age
Brokers warned over 'insistent clients'
Compliance experts have urged the insurance broking industry to take recommendations about dealing with insistent clients on board, after the Financial Conduct Authority (FCA) published a reminder for pension advisers in June.
FCA – Two Former Directors Fined and Banned For Recklessly Failing to Protect Client Money
The FCA has fined and banned two Directors of a stockbroking and wealth management firm (Pritchard Stockbroking Ltd) for serious failings in relation to the protection of client money.