News
Business interruption case….
The High Court has today handed down its judgment in the Financial Conduct Authority’s (FCA)’s business interruption insurance test case. See the link here https://www.fca.org.uk/news/press-releases/result-fca-business-interruption-test-case
Treating Vulnerable Customers Fairly
Today the FCA have published draft guidance to set out what firms should do to ensure vulnerable consumers are being treated fairly.
The FCA replaces its existing register…
The FCA will be replacing its existing Financial Services Register with an enhanced Financial Services Register later this month (27 July). See further details https://www.fca.org.uk/news/news-stories/fca-launch-enhanced-financial-services-register
Extension of the Senior Managers & Certification Regime (SM&CR)
Implementation periods for solo-regulated firms Read article here https://www.fca.org.uk/news/news-stories/extension-smcr-implementation-periods-solo-regulated-firms
More guidance from the FCA
Today the FCA have published guidance on our framework to help financial services firms ensure they have adequate financial resources and take effective steps to minimise harm to consumers and to markets. See link guidance
FCA confirms measures to help insurance customers…
4th May FCA press release - FCA confirms measures to help insurance customers who may be suffering financial difficulties as a result of coronavirus Read Press Release here full press notice
A comment from a client of How Create Solutions are helping them during these challenging times
A comment from a client of How Create Solutions are helping them during these challenging times
By Karen Cartridge | Published: May 7, 2020 I would just like to share our thanks to you all at Create (As always!) for all of your help...FCA Press Release…
FCA seeks legal clarity on business interruption insurance alongside package of measures to help consumers and small businesses https://www.fca.org.uk/news/press-releases/fca-seeks-legal-clarity-business-interruption-insurance
FCA have introduced changes for firms regulatory reporting
FCA have introduced changes for firms regulatory reporting
Click the link below for further details: https://www.fca.org.uk/firms/regulatory-reporting/changes-regulatory-reporting-during-coronavirusFCA publishes its 2020/21 Business Plan
Our Business Plan sets out our main areas of focus for 2020/21. It outlines our priorities and describes our response to the problems we have identified. Coronavirus (Covid-19) is profoundly affecting the financial lives of consumers and the workings of markets. Organisations, including us, are facing a huge challenge as we...