Compliance & Regulation

A serial health insurance fraudster has been jailed for a year after submitting more than 130 claims worth £24,000 to multiple insurers under nine different names that seemingly targeted cash plan providers....

I have heard the Financial Conduct Authority’s (FCA) Consumer Duty described in many ways. This ranges from “unnecessary meddling”, to which I do not subscribe, to the “Retail Distribution Review mark II...

The US, Australia and Singapore have taken a keen interest in the Financial Conduct Authority's development of its Consumer Duty. The revelation came from Sheldon Mills, executive director for consumers and competition...

The Bank of England is predicting UK inflation will hit just over 13% in the fourth quarter of the year which will coincide with the country entering a year-long recession. In a...

The Financial Conduct Authority (FCA) expects implementing its appointed representative (AR) regime overhaul to cost the financial services sector around £7.6m per year. It anticipates larger firms taking the highest expense with...

Principal firms must investigate the history of their appointed representatives (AR) including other principal firms they worked for and why their previous relationship came to an end. The requirements are being introduced...

The Financial Conduct Authority (FCA) is halving the notice period firms will need to give it ahead of engaging an appointed representative (AR) along with making several other changes to its incoming...

The Financial Conduct Authority (FCA) has rejected calls from firms for a 12-month implementation period for its new regime for appointed representatives (AR). The regulator revealed firms have until 8 December to...

The Competition and Markets Authority (CMA) has rebuked the private healthcare sector for its slow compliance with requirements to publish transparency data about fees and outcomes to help inform patients. It also...

The private healthcare sector has been told to up its game on data quality as it is a "long way" off full compliance with the Competition and Markets Authority (CMA) private healthcare...