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Financial Regulatory Developments 13 March - Legislation

  • Dentons
  • -
  • United Kingdom
  • -
  • March 13 2015

Treasury has made the Solvency 2 Regulations 2015, which implement several aspects of the Solvency 2 Directive into UK law, including : PRA and FCA

Financial Regulatory Developments 13 March - Prudential Regulation Authority (PRA)

  • Dentons
  • -
  • United Kingdom
  • -
  • March 13 2015

PRA has written to insurers with a clarification of its expectations on matching adjustment and internal model applications. Insurers will be able to

Financial Regulatory Developments 6 March - Competition and Markets Authority (CMA)

  • Dentons
  • -
  • United Kingdom
  • -
  • March 6 2015

CMA is consulting on a change to the draft order on motor insurance, under which it will: ban agreements between price comparison websites and

Financial Regulatory Developments 27 February - Financial Ombudsman Service (FOS)

  • Dentons
  • -
  • United Kingdom
  • -
  • February 27 2015

FOS has released the complaints data on individual financial businesses covering the six-month period from 1 July to 31 December 2014. The published

Financial Regulatory Developments 13 February - Financial Conduct Authority (FCA)

  • Dentons
  • -
  • United Kingdom
  • -
  • February 13 2015

FCA has announced three new Chairs for its independent Practitioner Panels. The appointments come into effect from 1 April. The new Chairs are: FCA

Financial Regulatory Developments 6 February - Financial Conduct Authority (FCA)

  • Dentons
  • -
  • United Kingdom
  • -
  • February 6 2015

FCA has confirmed the final rules requiring firms to set up and maintain independent governance committees (IGCs). IGCs will represent the interests

Financial Regulatory Developments 6 February - Prudential Regulation Authority (PRA)

  • Dentons
  • -
  • United Kingdom
  • -
  • February 6 2015

PRA has published a consultation paper setting out proposals for transitional provisions and new rules in the PRA Rulebook and consequential

Financial Regulatory Developments 30 January - Prudential Regulation Authority (PRA)

  • Dentons
  • -
  • United Kingdom
  • -
  • January 30 2015

PRA is consulting on how it should implement the Solvency 2 transitional measures for risk-free rates and technical provisions. It has published for

Financial Regulatory Developments 23 January - Financial Services Compensation Scheme (FSCS)

  • Dentons
  • -
  • United Kingdom
  • -
  • January 23 2015

FSCS' plan and budget for the next year has set an indicative levy of £287 million for firms in 201516, an increase of £11 million on the previous

Financial Regulatory Developments 23 January - Financial Services Consumer Panel (FSCP)

  • Dentons
  • -
  • United Kingdom
  • -
  • January 23 2015

FSCP has published a position paper on its concerns about the recast Insurance Mediation Directive (now known as the Insurance Distribution Directive