Insurance Compliance

At last week’s BIBA conference, the FCA’s Sheldon Mills gave a speech outlining the vital role insurance brokers play in helping consumers and businesses access the insurance products they need, especially in times of uncertainty. What key areas were covered?

RWA recently worked with Ecclesiastical Insurance to deliver a webinar on how to establish a robust training and competency framework. This article looks at why training and competence is so important.

On the latest podcast from IHRS, Katherine Watkins talks to RWA Regional Business Manager, Carol Jenkins, to discuss regulatory compliance and the benefits of planning ahead.

The FCA has released its complaints data for the period 2021 H2.

The FCA has published financial promotions data for the period 1 January to 31 March 2022 revealing the number of financial promotions that have been amended or withdrawn due to non-compliance with its rules.

In a recent speech, the FCA looks at the current critical issues in financial services, including the cost of living crisis and how its new Consumer Duty will ensure firms take into account ‘good outcomes’ for consumers.

Our Development Zone Course of the Month for April is ‘SM&CR – Individual Conduct Rules’. The Conduct Rules set out the basic standards of personal conduct that individuals working in financial services are expected to abide by and apply to almost all staff who carry out financial services roles within a firm.

The FCA has published its business plan for 2022/23, in which it outlines the work it will undertake over the next 12 months to help deliver the commitments set out in its recent three-year strategy.

The FCA has published a consultation on rates for its regulatory fees and levies in the 2022/23 financial year.