FSA guidance consultation: Payment protection insurance customer contact...
Firms should be undertaking an analysis of complaints about the previous sale of PPI policies. In this guidance we refer to letters or other types of communications used to contact consumers to ask...
View ArticleFSA general insurance newsletter: February 2012
The evolving shape of global and domestic regulation is likely to continue to influence significant changes in the wider insurance market. This FSA newsletter covers: Solvency II updates; the EU gender...
View ArticleFinancial services compensation scheme: Changes to the compensation sourcebook
The FSCS is the UK’s statutory compensation scheme of last resort for customers of authorised financial institutions. This paper proposes changes to some of the rules in our Compensation sourcebook...
View ArticleFSA life insurance newsletter: February 2012
The FSA's first life insurance newsletter focuses on the key domestic and global regulatory developments. Solvency II, changing accounting standards, regulatory reform, gender ruling and RDR...
View ArticleTechnical bulletin 35 - The use of informants in insurance investigations
The use of an informant or informants has for centuries been employed by those undertaking investigative work – Judas Iscariat being one of the earliest documented examples of a ‘paid informer’. This...
View ArticleTracing employers’ liability insurers: Historical policies
This paper makes proposals to help former employees who have work-related illnesses to trace their employers’ liability (EL) insurer. This can be difficult as many years may have passed since...
View ArticleThe Bank of England, Prudential Regulation Authority: The PRA's approach to...
Next year, the Prudential Regulation Authority (PRA) will take up its responsibilities as part of the new approach to financial regulation in the United Kingdom. This document sets out the PRA’s...
View ArticleInsurance conduct supervision newsletter: January 2013
With a focus on conduct, this FSA publication provides updates on all retail life and general insurers and the London market on the work of our supervision departments. This issue covers: motor legal...
View ArticleFSCS Funding Model Review - feedback on CP12/16 and further consultation
In this paper, we summarise the feedback to CP12/16, FSCS Funding Model Review (July 2012), and our response. We also confirm the final rules except in one area, relating to the funding of costs that...
View ArticleThe UK's new financial services regulatory landscape
A new regulatory regime has been established in the UK. Following the passage of the Financial Services Act 2012, the ground was set for the creation of three new regulatory bodies: the Financial...
View Article
