US EditionFCA consults on proposals to simplify its insurance rules
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4 Articles
FCA Pushes for Growth With Evidence-Led Regulation
The Financial Conduct Authority’s (FCA) recent event at the London School of Economics marked a significant step in its mission to understand how regulation can bolster UK growth and competitiveness. The gathering brought together a powerhouse of institutions, including the University of Edinburgh, University of Birmingham, University College London, LSE, Beauhurst, and Fathom Consulting… Source
After the first EU-wide mystery shopping campaign for insurance investment products, the European insurance supervisory authority Eiopa wants to examine possible simplifications in the consulting process. Apparently, there is only a conditional connection between the thoroughness of the sales talks and the question of how well the mediated product meets the customer needs. Consequently, the increased requirements for the consultation, which have…
LexBlog
Financial services: Regulation tomorrowFCA consults on proposals to simplify its insurance rules
On 14 May 2025, the Financial Conduct Authority (FCA) published a new consultation paper (CP25/12) setting out its proposals to simplify the sections of the FCA’s Handbook which apply to insurance firms. The consultation paper comments on the feedback it received in relation to its previous discussion paper on the Regulation of Commercial and Bespoke Insurance Business (DP24/1) and sets out the FCA’s proposals in relation to further areas it has…
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