SM&CR comes into effect in a few months. The new regime should be treated not just as a list to be ticked off by 9 December 2019 but also as an opportunity to embed genuine cultural change throughout an organisation.
FCA’s Gabriel Platform to be Replaced
The FCA has announced plans to replace its data collection system, Gabriel, and improve the way regulatory data is collected from firms.
Preserving the Nation’s Insurance Heritage
Drawing on his experience in the heritage and museums sector, Dr Nathan Matthews looks at the potential of a proposed museum of insurance – including what it might look like and how it will benefit the industry.
FCA Publishes its Annual Report and Accounts 2018/19
The FCA has published its annual report and accounts, looking back on the key pieces of work undertaken throughout the period 2018/19.
Q2 2019 Summary of FCA Communication Documents
The team at RWA has compiled its quarterly review of the FCA’s communication documents, covering the period from April to June 2019. Take a look at our review to keep up to date with the latest FCA documentation.
Encouraging Innovative Cultures
A recent FCA speech explores the role technology has played in dramatically changing the insurance market. This article looks at why firms should also embrace these developments.
Do You Understand Your Responsibilities?
Statements of Responsibilities, which are required under SM&CR, are a useful and important way of documenting the accountabilities of senior managers. Amy Foster highlights why we need to understand our responsibilities.
FCA Bans Broker
The FCA last week banned a former Martins Brokers Ltd broker, Terry Farr, for acting dishonestly and without integrity.
Finding the Right Organisational Structure
A key element of the upcoming SM&CR is for firms to be able to show who is responsible for what within the organisation. With the right organisational structure in place, it will be easier to prepare for this regulatory requirement.