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Archive
ABI announces that fraudulent insurance claims continue to top £1bn
Link(s):Fraudulent insurance claims continue to top £1 billion | ABI Context The ABI has announced that its annual detected fraud data reveals that £1.16 billion worth of fraudulent general insurance claims were identified in 2024 - a 2% increase on the £1.14 billion...
IRC seeks views on regulators’ approaches to growth
Link(s):Committee seeks views on regulators' approach to growth - Committees - UK Parliament Context The House of Lords IRC, chaired by Baroness Taylor of Bolton, has issued a call for evidence for its new inquiry into the relationship between regulators and economic...
The UK Government Regulatory Policy Committee has rated the Cyber Security and Resilience Bill impact assessment fit for purpose
Link(s):Cyber Security and Resilience Bill - GOV.UK New cyber obligations for tech suppliers and data centres as UK ramps up cyber security scrutiny Context The Cyber Security and Resilience (Network and Information Systems) Bill proposes new laws to improve UK...
Companies House updates its guidance – identity verification compliance
Link(s):Guidance for limited companies, partnerships and other company types - GOV.UKCompanies House approach to non-compliance with mandatory identity verification - GOV.UK Companies House approach to non-compliance with mandatory identity verification - GOV.UK When...
FCA publishes a Statement of Policy on statutory investigations into regulatory failure and producing reports
Link(s):Statement of Policy on statutory investigations into regulatory failure and producing reports | FCAStatement of Policy on statutory investigations into regulatory failure and producing reports Context The FCA, as an organisation, wants to learn lessons and...
FCA speech: “Composing the future: Balancing innovation and human expertise in financial markets”
Link(s):Composing the future: Balancing innovation and human expertise in financial markets | FCAhttps://www.fca.org.uk/firms/innovation/ai-lab Context The FCA has published a speech, delivered originally on 11 November 2025, by Dominic Holland, FCA Director of Market...
FCA publishes authorisations division Q2 2025/26 operating service metrics
Link(s):FCA Authorisations operating service metrics 2025/26 Q2 | FCA Authorisations operating service metrics Q2 2025/26 Context The FCA has published its Q2 2025/26 (July to September) Authorisations Division operating service metrics. The performance shows 13...
FCA publishes its retail intermediary market data for 2024
Link(s):The retail intermediary market data 2024 | FCA Retail intermediary market interactive analysis 2024 | FCAretail-intermediary-market-2024-underlying-data.xlsx Context The FCA has published its retail intermediary market data for 2024, including an interactive...
FCA and FSCS update on Premier Insurance (Gibraltar) in administration
Link(s):Premier Insurance Company Limited enters administration | FCA Premier Insurance Company Ltd - latest info for customers | FSCS Context On 14th October 2025, the Gibraltar Financial Services Commission (GFSC) announced that Premier Insurance Company Limited...
MGAA finds complex medical repatriations for travel insurance customers on the rise
Link(s):Complex medical repatriations for travel insurance customers on the rise - MGAA Context Charles Taylor Assistance, which is a provider of global repatriation, medical assistance and travel insurance claims management, reports a growing number of travel...
ABI highlight three straight quarters of falling motor premiums
Link(s):Three straight quarters of falling motor premiums | ABI Context According to the (ABI) latest Motor Insurance Premium Tracker, motor insurance premiums continue to fall in 2025. Between July and September, the average premium stood at £551, which is £13 lower...
ABI publishes nearly £200 million paid in cyber claims to help UK businesses recover
Link(s):Nearly £200 million paid in cyber claims to help UK businesses recover | ABI Context The ABI has called for cyber insurance to become a part of every organisation’s modern risk management strategy, as its latest figures show £197 million was paid out to help...
FSCS publishes its November 2025 Outlook
Link(s):Chief Executive's statement - November 2025 Outlook | FSCS Context In the November 2025 edition of Outlook the FSCS shares an update on compensation figures for this financial year, as well as an early view of the levy forecast for 2026/27. Key points to note...
FCA publishes final notice for firm failing to pay regulatory fees and levies
Link(s):Final Notice 2025: The Dental Insurance Partnership Context The FCA has published a Final Notice in respect of the Dental Insurance Partnership Ltd, cancelling the firm’s Part 4A permission to carry on regulated activities. Key points to note and next actions...
FCA publishes findings from review of risk assessment processes and controls in firms
Link(s):Risk assessment processes and controls in firms: our findings | FCA Context The FCA has shared findings and has highlighted good and poor practice to help firms decide whether they are meeting existing risk assessment requirements. In 2025, the FCA carried out...
HMT publishes consultation of Anti-Money Laundering and Counter-Terrorist Financing Supervision Reform
Link(s):Anti-Money Laundering and Counter-Terrorist Financing Supervision Reform: Duties, Powers, and Accountability Consultation - GOV.UKAnti-Money Laundering/Counter Terrorist-Financing (AML/CTF) Supervision Reform: Duties, Powers, and Accountability Consultation -...
ASA blog: “Advertising, trust and growth: looking ahead to 2026″
Link(s):Advertising, trust and growth: looking ahead to 2026 - ASA | CAP Context The ASA has published its 2025 mid-year progress report and objectives for 2026. The ASA seeks to ensure advertising is legal, decent, honest and truthful. Key points to...
OFSI publishes a new ‘Sanctions enforcement action’ web page
Link(s):Sanctions enforcement action - GOV.UKCross-government review of sanctions implementation and enforcement - GOV.UK Context The cross-government review of sanctions implementation and enforcement concluded that, ‘easily accessible and consolidated enforcement...
ICO calls for views on enforcement procedural guidance
Link(s):ICO call for views on enforcement procedural guidance | ICO ICO consultation on data protection enforcement procedural guidance | ICO SG on our regulatory actionGuide to Law Enforcement Processing | ICO Context The ICO is calling for views on new guidance...
PRA speech: “Lighting the fuse for innovation in insurance”
Link(s):Lighting the fuse for innovation in insurance − speech by Shoib Khan | Bank of England Context The Bank of England has published a speech delivered by Shoib Khan, PRA Director, Insurance Supervision, at the Insurance Innovators Summit. A significant part of...
FCA, PRA and BoE publish Berne Financial Services Agreement guidance
Link(s):Berne Financial Services Agreement for UK and Swiss firms | FCA Context The FCA has updated its Berne Financial Services Agreement web page to announce the publication of a joint FCA, PRA and BoE ‘Guidelines for firms’ document, and an update to the ‘firm...
FCA publishes a transcript of its annual public meeting 2025
Link(s):Transcript of Annual Public Meeting 2025 Context The FCA has published a transcript of its Annual Public Meeting, which took place on Thursday 9th October 2025. Key points to note and next actions The transcript indicates that the meeting became adversarial at...
FCA updates its pre-application support service (PASS) web page
Link(s):Pre-application support service (PASS) | FCA Context The FCA has updated its pre-application support (PASS) web page to clarify who pre-application meetings are available to. Key points to note and next actions Pre-application meetings are available to: Firms...
FCA speech: “Rebalancing risk for growth, the role of the Chief Risk Officer”
Link(s):Rebalancing risk for growth, the role of the Chief Risk Officer | FCA Context The FCA has published a speech, delivered by Sarah Pritchard, FCA Deputy Chief Executive, at the launch of the Chief Risk Officer Network. Pritchard introduces the speech by...
FCA speech: “Resilient futures: strengthening financial capability and inclusion for all”
Link(s):Resilient futures: strengthening financial capability and inclusion for all | FCA Context The FCA has published a speech, delivered by FCA Chief Executive Nikhil Rathi, at the “Fair4All Finance Delivering Financial Inclusion Together” Conference. The speech...
ICO fines a sole trader who sent nearly one million spam texts £200,000
Link(s):£200,000 fine for sole trader who sent nearly one million spam texts | ICO Context The ICO has fined Bharat Singh Chand £200,000 for sending nearly one million spam texts about debt solutions and energy saving grants. He has also been issued with an...
FOS publishes its complaints data for Q3 2025
Link(s):Financial Ombudsman Service continues to see a fall in cases – Financial Ombudsman serviceHalf-yearly complaints data: H1 2025 – Financial Ombudsman serviceRedress system reforms to prevent compensation delays and provide predictability needed for innovation –...
FCA prosecution results in data protection breach conviction
Link(s):Individual convicted and fined for data protection breach | FCA Context A prosecution by the FCA has resulted in a fine and conviction for Luke Coleman, a former Virgin Media O2 employee, who sold confidential customer data to family friend for use in a boiler...
FCA issues a Decision Notice withdrawing approval for SMF3 at Beauforce Corporation Limited
Link(s):Decision Notice 2025: Howard Duckett Context The FCA has published a Decision Notice, referring to breaches of FIT related to a lack of fitness and propriety in the consumer credit sector. The FCA has made an order, prohibiting Mr Howard Roland Duckett from...
Companies House blog: “Building trust in our data, cracking down on economic crime and supporting growth”
Link(s):Companies House strategy: Building trust in our data, cracking down on economic crime and supporting growth – Companies House Context Companies House has published an article supporting its recently published five-year strategy, written by Andy King (Chief...
HM Treasury announces a new ‘Scale-up Unit’ to be based in in Leeds
Link(s):Chancellor unveils plans to 'supercharge' growth of innovative financial services firms - GOV.UKChancellor launches Scale-up Unit in Leeds to help firms grow | FCA Context The Chancellor has announced that financial services firms will get new support to help...
FCA publishes its latest Whistleblowing data Q3 2025
Link(s):Whistleblowing quarterly data 2025 Q3 | FCA Context The FCA has published its latest whistleblowing data, for July – September 2025, showing the number of new reports received and the number closed. The data shows how the FCA received the reports, what the...
Consumer Intelligence Insurance Market Analysis 2025-2026: “The End of Churn – Competing on Value in the New Insurance Landscape “
Link(s): The-End-of-Churn.pdf Context Consumer Intelligence’s latest market analysis reveals a fundamental shift in UK insurance. With switching at historic lows (just 33% in motor and 36% in home) “…the churn-driven growth model has ended.” The future now belongs...
Companies House blog: “Making identity verification simple, secure and trusted”
Link(s): Making identity verification simple, secure and trusted – Companies House Context Companies House has published further guidance on its new identity verification requirements. From 18th November 2025, directors and people with significant control (PSCs) will...
FSCS formally declares Arthur Temlett, trading as Abacus Insurance Consultants, in default
Link(s): Arthur Temlett - check if you can claim | FSCS Context On 21st January 2025, the Financial Conduct Authority (“FCA”) placed restrictions on Arthur Temlett in response to allegations that insurance premiums were not being passed on to insurers. Customers can...
FSCP has published eight response documents to various reviews
Link(s): Publications panels search results | FCA Context The FSCP has published eight response documents to various reviews. Key points to note and next actions Financial Services Consumer Panel response to CP25/22 Modernising the Redress System [pdf]...
FCA publishes the latest complaints data
Link(s):Complaints data | FCA Firm specific complaints data | FCA Firm-level complaints data sortable table: 2025 H1 | FCA https://www.fca.org.uk/publication/data/firm-level-complaints-data-2025-h1.xlsx Aggregate complaints data: 2025 H1 | FCA...
FCA speech: “Do the right thing: Part II”
Link(s): Do the right thing: Part II | FCA Context The FCA has published a speech delivered by Therese Chambers, Joint Executive Director of Enforcement and Market Oversight, at the City & Financial Global FCA Investigations and Enforcement Summit. Referring...
FCA publishes the 2024 GI value measures data
Link(s):General insurance value measures data 2024 | FCAgi-value-measures-data-2024.xlsx Context The FCA has published its third full year of general insurance (GI) value measures data covering January 2024 to December 2024, accompanied by the usual spreadsheet of the...
ABI launches updated floods guide to help households recover and rebuild
Link(s):ABI launches updated floods guide to help households recover and rebuild | ABI Context To mark UK Flood Action Week (13 – 19 October), the ABI has published its updated floods guide, outlining insurers’ support at every stage of recovery process to give...
ICO publishes John Edwards’ opening speech at DPPC 2025
Link(s):https://ico.org.uk/about-the-ico/media-centre/news-and-blogs/2025/10/john-edwards-opening-speech-at-dppc-2025/ Context Context John Edwards, UK Information Commissioner, made a speech at the ICO’s annual Data Protection Practitioners’ Conference. The...
ICO has fined Capita £14m for data breach affecting more than 6m people
Link(s):Capita fined £14m for data breach affecting over 6m people | ICO Capita plc and Capita Pension Solutions Ltd | ICO capita-plc-and-cpsl-monetary-penalty-notice.pdf Context The ICO has issued a fine of £14m to Capita for failing to ensure the security of...
CMA publishes update to its market investigation into veterinary services for household pets
Link(s):Veterinary services for household pets - GOV.UKMajor reforms would require vet businesses to make fundamental changes to the way they support pet owners - GOV.UKUnderstanding the CMA’s provisional decision in its vets market investigation - GOV.UKVets market...
Government UK: OFSI Annual Review 2024-25 Effective Sanctions
Link(s):OFSI Annual Review 2024-25: Effective Sanctions - GOV.UK Context OFSI has published its Annual Review 2024-25, which focuses on the effectiveness of the sanctions regime and OFSI’s work around compliance and enforcement. OFSI’s core objective is to ensure the...
Government UK: Moving to a single list for UK sanctions designations
Link(s):Moving to a single list for UK sanctions designations, 28 January 2026 - GOV.UK Context The UK Sanctions List has been the primary list of sanctions designations made under the Sanctions and Anti-Money Laundering Act 2018 (SAMLA) since launching in 2020. It...
DRCF launches Thematic Innovation Hub with focus on Agentic AI
Link(s):DRCF launches Thematic Innovation Hub for innovators with first focus on Agentic AI | DRCF Context The DRCF was established as a voluntary forum in 2020. It brings together four UK regulators with responsibilities for digital regulation – the Competition and...
FCA announces partnership to accelerate delivery of open finance
Link(s):FCA announces partnership to accelerate delivery of open finance | FCA Context The FCA has announced a partnership to accelerate delivery of open finance. Open finance refers to the secure sharing of financial data across various sectors, including...
Premier Insurance Company Limited enters administration
Link(s):Premier Insurance Company Limited enters administration | FCAFSCS protects over 16,000 Premier Insurance Company Ltd customers | FSCS Premier Insurance Company Ltd - latest info for customers | FSCS Context The FCA has published details of an announcement from...
IUA publishes a white paper discussing emerging risks
Link(s):IUA publishes emerging risks white paper - IUAInsuring the Intangible - IUA Context The IUA recently hosted a joint webinar with the Singapore College of Insurance to examine emerging global risks, where it presented its observations and conclusions which are...
Practitioner Panel publishes survey feedback on firms’ views of the FCA’s performance
Link(s):The FCA and Practitioner Panel 2024/25 survey findings | FCA Context The Practitioner Panel surveys FCA authorised firms and publishes its findings each year. This year, the survey was conducted between 3 February and 31 March 2025. The FCA and the...
FCA publishes consultation CP25/27: Motor finance consumer redress scheme
Link(s):CP25/27: Motor finance consumer redress scheme | FCACP25/27: Technical Annex 1: Consumer Redress Scheme for Motor Finance - Data, Analysis of Loss and Liability and Cost MethodologiesCP25/27: Technical Annex 2: State of Competition in the Motor Finance...
H M Treasury (HMT) issues G7 Cyber expert group statement on Artificial Intelligence and Cybersecurity
Link(s):G7 cyber expert group statement on Artificial Intelligence and Cybersecurity: September 2025 - GOV.UK Context HMT has issued a G7 Cyber expert group statement on Artificial Intelligence and Cybersecurity. Rather than set guidance or regulatory expectations,...
FCA press release: Regulators join forces to tackle poor claims management practices
Link(s):Regulators join forces to tackle poor claims management practices | FCA Context The Financial Conduct Authority (FCA), Solicitors Regulation Authority (SRA), Information Commissioner’s Office (ICO) and the Advertising Standards Authority (ASA) are joining...
FCA press release 14m unfair motor loans due compensation under FCA-proposed scheme
Link(s):14m unfair motor loans due compensation under FCA-proposed scheme | FCA Context An FCA review of motor finance agreements found widespread failings on disclosure of commission payments, and of commercial ties, between lenders and brokers. The FCA is now...
FCA publishes a Dear CEO letter: Motor Finance Commission Redress: action we expect firms to take now
Link(s):Dear CEO letter: Motor finance commission redress – action we expect firms to take now Context The FCA has also written to lenders and brokers (PDF) with its expectations of actions firms should take now. The FCA letter points out that it is crucial...
New CII report highlights key challenges in Consumer Duty Board Reporting
Link(s):New CII report highlights key challenges in Consumer Duty Board reporting Context A new report from the Chartered Insurance Institute (CII) highlights the key challenges faced by firms when producing Consumer Duty Board reports. ‘Knowing what data to include’,...
ABI Guest blog – Motor claims inflation: Causes, consequences and what comes next
Link(s):Guest blog - Motor claims inflation: Causes, consequences and what comes next | ABI Context In a Guest blog by Emma Fuller, Partner, DAC Beachcroft, and Pete Allchorne, Partner, DAC Beachcroft, it says that Insurers have known for a long time that claims costs...
FCA publishes Consultation Paper CP25/26: Consequential Handbook changes following the proposals in CP25/17
Link(s):CP25/26: Consequential Handbook changes following the proposals in CP25/17 | FCACP25/26: Consequential Handbook changes following the proposals in CP25/17CP25/17: Supporting consumers' pensions and investment decisions: proposals for targeted support Context...
FCA publishes Product Sales Data 2024 – including pure protection products data
Link(s):Product sales data - 2024 | FCAInterpreting the data | FCA Pure protection contracts product sales data dashboard | FCAproduct-sales-data-pure-protection-contracts-2024.xlsx Context The FCA has produced 2024 product sales data in relation to mortgages, retail...
FCA publishes a new ‘Consumer Duty Focus’ web page
Link(s):Our Consumer Duty focus areas | FCAConsumer Duty requirements review: update | FCA Context The FCA has published a new web page outlining its Consumer Duty focus areas for the remainder of its 2025/26 financial year, along with a new “Consumer Duty...
Which? launches insurance ‘super complaint’ against the FCA
Link(s):Which? launches insurance 'super-complaint' - Which? Context Which? has announced that it is using its legal powers to make a ‘super-complaint’ to the FCA about home and travel insurance, having been making its own investigations into practices in these...
IUA publishes guidance and commentary on commission disclosure practices
Link(s):IUA Guidance on Commissions - IUA076_IUA Guidance - SMB and related arrangements_September 2025 076_IUA Commentary - SMB and related arrangements_September 2025.pdf Context The IUA has published a circular, a Guidance Note and an accompanying Commentary...
Companies House blog: “Why identity verification is good for business”
Link(s):Why identity verification is good for business – Companies House Context Companies House has published a blog setting out its belief that new identity verification checks for company Directors and ‘Persons with Significant Control’ (PSCs) is ‘good for...
ICO issues a warning over ‘robo calls’ as energy firms fined half a million pounds for unlawful marketing calls
Link(s):Warning over robo calls as energy firms fined half a million pounds for unlawful marketing calls | ICOHome Improvement Marketing Ltd | ICOHome Improvement Marketing Ltd | ICOGreen Spark Energy Ltd | ICOGreen Spark Energy Ltd | ICO Context The ICO has published...
FCA speech: “Regulating for growth – the future is now”
Link(s):Regulating for growth – the future is now | FCA Context In a speech delivered by Jessica Rusu, FCA Chief Data, Information and Intelligence Officer at Travers Smith's Future of Fintech 2025, Merchant Taylors' Hall, the FCA addressed the issues of fintech,...
FCA speech: “The confidence dividend: Tackling financial crime to strengthen markets”
Link(s):The confidence dividend: Tackling financial crime to strengthen markets | FCA Context The FCA has published a speech, delivered by Therese Chambers, FCA Joint Executive Director of Enforcement and Market Oversight, at AFME's European Compliance and Legal...
FCA announces that motor insurance customers will receive compensation
Link(s):Over 270,000 motorists to receive £200m in motor insurance compensation after insurers improve their claims processes | FCA Context In an eye-catching headline, the FCA has announced that motor insurers have changed their settlement and compensation practices...
ICO shares cyber security tips for small businesses
Link(s):Information Commissioner’s Office shares cyber security tips for small businesses | ICO Context With cyber-attacks regularly in the news, the ICO is reminding businesses to check they have appropriate security measures in place to protect personal information....
MGAA Regulating for impact: why MGAs take a leading role in the next please of A-I driven insurance
Link(s):Regulating for Impact: Why MGAs Take A Leading Role in the Next Phase of AI‑Driven Insurance - MGAA Context The Managing General Agents’ Association publishes a webpage which, this week, includes an article on Artificial Intelligence (AI). AI is becoming a...
FCA rebalancing risk to facilitate innovation and growth
Link(s):Rebalancing risk to facilitate innovation and growth | FCA Context The FCA has published a speech by Kate Collyer, FCA chief economist, given at Warwick Business School, on Financial Regulation in Support of the UK's Growth. The FCA wants to accelerate growth...
FCA publishes on the Market Study into the ‘pure protection’ market
Link(s):MS24/1.3: Structure of the UK pure protection market for retail customers Context The FCA has published an update on the Market Study into the ‘pure protection’ market. The FCA wants to develop a better understanding of; barriers to innovation and investment;...
FCA publishes £1 million campaign to raise awareness of motor finance compensation scheme
Link(s):FCA launches £1 million campaign to raise awareness of motor finance compensation scheme | FCACar finance claims | FCAFCA to consult on motor finance compensation scheme | FCA Context The FCA has published a webpage regarding launching a £1 million campaign,...
IUA announces continued growth in London company market Treaty business
Link(s):London company market treaty business continues to grow - IUA Context New data released by the IUA has shown that Treaty reinsurance written in the London company market grew by more than 10% last year. The sector recorded total premiums written in London of...
Lloyd’s publishes Episode One of Market View – Lloyd’s CEO Patrick Tiernan
Link(s):Market View – Episode One: Patrick Tiernan and Sheila Cameron Context Since taking on the role of Chief Executive, Patrick Tiernanhas been working closely with the market to discuss its priorities, opportunities and challenges. The first episode of the...
FCA speech: “Showing financial crime the red card”
Link(s):Showing financial crime the red card | FCA Context The FCA has published a speech, delivered by Steve Smart, FCA Joint Executive Director of Enforcement and Market Oversight, at the 1LoD Financial Crime Summit. Key points to note and next actions The key...
FCA formally publishes its redesigned Handbook
Link(s):A new improved Handbook website | FCAFCA HandbookFCA HandbookFCA Handbook - FAQ Context The FCA has launched what it refers to as its “new and improved Handbook website”. This has now formally replaced the previous version of the Handbook. Firms should note...
FCA publishes an AI update and outlines its approach to AI
Link(s):AI and the FCA: our approach | FCAAI UpdateFS25/5: AI Live Testing | FCAF25/5: Summary of feedback received on the Engagement Paper proposing AI Live TestingEngagement Paper 2025: Proposal for AI live testing Context The FCA has published a web page and an AI...
FCA publishes Quarterly Consultation CP25/49: proposals to make further cuts to data reporting
Link(s):FCA cuts more data reporting to benefit 11,000 firms | FCACP25/24: Quarterly consultation paper No. 49 | FCACP25/24: Quarterly Consultation Paper Context The FCA has published its latest Quarterly Consultation Paper CP25/49, and has also published a web page,...
Lloyd’s announces its results for the first six months of 2025, and comments on Blueprint Two progress
Link(s):Lloyd's Half Year ResultsIUA comments on Blueprint Two progress - IUA Context Lloyds’s has announced its results for the first six months of 2025 with gross written premium increasing to £32.5bn (HY 2024: £30.6bn) and a combined ratio of 92.5% (HY 2024:...
CMA publishes guidance about its consumer enforcement powers and how it gathers information to enforce consumer law
Link(s):How the CMA gathers information to enforce consumer law - GOV.UK How the CMA gathers information to enforce consumer law - GOV.UK How the CMA uses its direct consumer enforcement powers - GOV.UKHow the CMA uses its direct consumer enforcement powers - GOV.UK...
CMA publishes a number of web pages in relation to reviews and social media endorsements
Link(s):Reviews and social media endorsements: what businesses and content creators must know - GOV.UKReviews and social media endorsements: guidance for businesses and brands - GOV.UK Social media endorsements: guidance for content creators - GOV.UKSocial media...
Companies House provides guidance about personal codes and identity verification
Link(s):Guidance for limited companies, partnerships and other company types - GOV.UKIdentity verification at Companies House - GOV.UKCompanies House personal codes for identity verification - GOV.UK Context Companies House has updated its guidance for Companies and...
ICO publishes a Consultation on draft changes to how it handles data protection complaints
Link(s):ICO consultation on draft changes to how we handle data protection complaints | ICOdpt-consultation-20250822.pdfproposed-dpt-framework-20250822.pdf Context Following its recent announcement that it is consulting on final guidance about amendments to the Data...
LMA’s Medical Malpractices Committee publishes updated Excess Health Care Liability Policies for US risks
Link(s):LMA - Updated Excess Health Care Liability Policies Published by the LMA Medical Malpractice CommitteeSummary-of-Changes-to-LMA3172-LMA3173.pdf Context The LMA’s Medical Malpractice Committee has produced an updated Excess Health Care Provider’s Liability...
CPS highlights guidance on the incoming Failure to Prevent Fraud offence
Link(s):Organisations must prepare now for new fraud prevention law | The Crown Prosecution ServiceCorporate Prosecutions | The Crown Prosecution ServiceNew failure to prevent fraud guidance published - GOV.UKGuidance to organisations on the offence of failure to...
FCA confirms almost 5,000 fake FCA scams reported in first 6 months of 2025
Link(s):Almost 5,000 fake FCA scams reported in first 6 months of 2025 | FCA Context The FCA has issued a press release warning consumers of fraudsters impersonating the FCA, revealing it received almost 5,000 fake FCA scam reports in the first half of 2025. Key...
FCA publishes Consumer Duty update and blogs
Link(s):Happy 2nd Anniversary Consumer Duty! | LinkedIn(1) From Reflection to action: The Consumer Duty’s impact on insurance | LinkedIn(1) Consumer Duty at two: Progress, partnership, and the path ahead | LinkedInTwo years on: how the Consumer Duty is putting pounds...
ICO launches Consultations for Data (Use and Access) Act 2025
Link(s):ICO launches consultations for Data (Use and Access) Act 2025 amendments | ICOData Use and Access Act 2025: plans for commencement - GOV.UKThe Data (Use and Access) Act 2025 (Commencement No. 1) Regulations 2025Recognised legitimate interest guidance | ICOICO...
LMA updates its Co-Lead Claims Agreement Guidance
Link(s):InsightsCoLead Binder Claims Market Guidance - Version 2 - Published August 2025.pdfCLCA Guidance Summary - Version 1 - Issued August 2025.pdf Context The LMA’s Delegated Authority Claims Management Group, in partnership with LIIBA members, has updated...
FCA updates its Supervisory Correspondence web page
Link(s):Supervisory correspondence | FCA Context The FCA has updated its Supervisory Correspondence web page to include a drop-down list of market sectors from which to select relevant Portfolio letters. Key points to note and next actions In the Portfolio letters...
FCA updates its Attestations web page
Link(s):Attestations | FCANumber of Attestations requested in 2025/26 Q1 (1 April 2025 – 30 June 2025) Context An attestation is a firm's formal statement that it will take, or has taken, an action the FCA requires. The FCA uses attestations as a supervisory tool to...
ABI data shows record subsidence support and falling motor premiums
Link(s):Insurance support tops £150 million for homes affected by subsidence | ABIMotor premiums fall - but repair and theft costs keep revving up claims | ABI Context The ABI has reported that, according to data available to it, subsidence-related insurance claims...
HMT publishes an Appointed Representatives Regime Policy Statement
Link(s):Policy statement: The Appointed Representatives Regime - GOV.UK 250808_ARs_Policy_Statement_-_final_for_publication.pdf Context HMT has published a Policy Statement about the Appointed Representatives (AR) regime, in which it sets out that the Government views...
FOS publishes a Consultation on evolving its funding model to differentiated case fees
Link(s):Financial Ombudsman Service consults on changes to its case fees – Financial Ombudsman service2025-08 Differentiated case fee - consultation Context FOS has announced the publication of a Consultation about evolving its funding model, in essence by introducing...
FCA publishes its Cyber Coordination Group Insights 2024
Link(s):FCA Cyber Coordination Group Insights 2024 | FCA Context The FCA has published insights from its Cyber Coordination Group (CCG), summarising discussions held throughout 2024 with industry members of the CCG programme. The FCA has run the CCG programme since...
FCA publishes its Authorisations division operating service metrics Q1 2025/26
Link(s):FCA Authorisations operating service metrics 2025/26 Q1 | FCAFCA Authorisations operating service metrics Q1 2025/26 Context The FCA has published its Q1 2025/26 Authorisations division operating service metrics for solo-regulated...
FCA publishes its Q2 2025 Whistleblowing data
Link(s):Whistleblowing quarterly data 2025 Q2 | FCA Context The FCA has published its Q2 2025 Whistleblowing data, which shows the number of new whistleblowing reports it received between April and June 2025, and the existing reports closed during this period. Key...
FCA updates its Conduct Rules and Conduct Rules reporting web pages – and a REP008 reminder
Link(s):Conduct Rules | FCAREP008: Conduct Rules reporting for solo-regulated firms | FCAThe Senior Managers and Certification Regime: Guide for FCA solo-regulated firmsHandbook Notice 132 Context The FCA has updated its Conduct Rules web page and its REP008 Conduct...
FOS publishes its Quarterly complaints data Q1 2025/26
Link(s):Financial Ombudsman Service sees a fall in case levels – with complaints at their lowest level for more than a year – Financial Ombudsman serviceQuarterly complaints data: Q1 2025/26 – Financial Ombudsman service Context FOS has published its Q1 2025/26...
FCA publishes a new Enforcement Information Guide
Link(s):Enforcement Information GuidePS25/5: Our Enforcement Guide and greater transparency of our enforcement investigations | FCAENFG.pdf Context Following the recent publication of the FCA’s new Enforcement Guide (as part of the Handbook), the FCA has now published...