Compliance & Regulation
MPs launch consultation on FCA performance
The All Party Parliamentary Group on Personal Banking and Fairer Financial Services has launched a public consultation to enable people to share their opinion about the Financial Conduct Authority (FCA). In an...
Read moreCII consulting members following PFS dispute
The Chartered Insurance Institute (CII) is launching a membership consultation on the future of the body and its representative societies including the Personal Finance Society (PFS). This follows a failed attempt by...
Read moreInsurers vow to encourage mask wearing and consult staff on precautions
Some insurers are considering encouraging employees to wear face masks even after the legal obligation to do is removed. Earlier this week, prime minister Boris Johnson said that while a final decision...
Read moreFCA to remove ‘Chinese walls’ and other non-inclusive language from rulebook
The Financial Conduct Authority (FCA) is updating its rulebook to remove non-inclusive language and other potentially divisive terms. The regulator revealed its plan as part of a joint discussion paper with the...
Read moreRegulators suggest linking pay and fit and proper test to diversity action as ethnic minority numbers ‘going into reverse’
Financial industry regulators have unveiled the start of a massive push to improve diversity and inclusivity throughout the sector with warnings that in some regards things are actually getting worse. Key suggestions...
Read moreFCA needs to consider how its funding model is fair or proportionate – Bjelobaba
The Financial Services Compensation Scheme's (FSCS) funding model has come under fire for causing protection and insurance intermediaries to bail out other 'mismanaged' firms. Branko Bjelobaba, principal at consultancy Branko, spoke to...
Read moreSurgeon hits out at cancer care providers ignoring conflicts of interest, health insurers’ insensitivity, NHS managers and KPMG
A consultant surgeon at a high-profile independent hospital has accused other private cancer care providers of ignoring conflicts of interest when negotiating work to support the NHS during the pandemic. Satya Bhattacharya,...
Read moreAdvisers call on Javid to tackle NHS wait times and work with private healthcare
Advisers have called on new health secretary, Sajid Javid, to prioritise tackling NHS waiting times and to turn to the private healthcare sector to help alleviate the mental and physical burden on...
Read moreRehab centre replaces management after CQC’s inadequate rating
The Care Quality Commission (CQC) has rated an Elstree rehabilitation service inadequate and placed it in special measures, after an inspection found shortfalls in ensuring patient safety. The CQC inspected Cornerstone House,...
Read moreFCA seemingly not holding itself to same standards as those it regulates – MPs
The Financial Conduct Authority (FCA) has been sharply criticised for failing to hold itself to the same level of accountability as the firms it regulates and for hiding behind collective responsibility. In...
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