This legislation aims to enhance consumer rights, establish greater transparency, and promote responsible business practices.
FCA
Navigating FCA Rules for the Sale of Guaranteed Asset Protection (GAP) Insurance: A Consultative Overview
In this article, we will explore the Financial Conduct Authority (FCA) rules pertaining to the sale of Guaranteed Asset Protection (GAP) insurance.
Understanding the Costs Involved in FCA Authorisation
One of the FCA Authorisation Process key responsibilities is to ensure that firms operate in a way that protects consumers
FCA Authorisation Process Explained: Steps, Timeline & Requirements (UK Guide)
One of the FCA Authorisation Process key responsibilities is to ensure that firms operate in a way that protects consumers
The FCA regulations when selling finance and general insurance
As a seller of regulated products you must ensure you are providing fair and transparent services to your customers
The dangers of not complying with the FCA in the motor industry
Compliance with the FCA is essential for businesses operating in the motor industry. Failure to comply can have serious consequences
Do Car Dealers Need to be FCA Approved?
There are approximately 4,500 UK franchised car dealerships in the United Kingdom. As the industry continues to pick itself up from the effects of the COVID-19 pandemic, it is essential to ensure car dealer compliance with FCA (Financial Conduct Authority). If you own and operate a car dealership in the UK, it is crucial that you understand […]
Rules & Outcome Consumer Duty
PURPOSE The FCA have released their final Consumer Duty rules. This is where the work begins! We have been discussing with firms assessing possible areas of their business that could be impacted by Consumer Duty. Now that we know the final rules, we can support you with the implementation and changes required. The purpose of […]
Vehicle Insurance Products – we’ve got you covered
Making insurance easy and straightforward for our customers is what our Partner company Assurity Solutions is all about. At a time when regulation is at its most strenuous and tightened, it is vital that firms make the right choice when it comes to their choice of insurer. Over the last few years, the FCA have […]
Non-Insured vehicle ancillary products
The FCA (Financial Conduct Authority) has set out its expectations regarding the distribution of insurance products. Details of their expectations can be found by reviewing the FG 19/5 The GI distribution chain: Guidance for insurance product manufacturers and distributors and the FG19/2 Senior Managers and Certification Regime: Guidance on statements of responsibilities and Responsibilities Maps […]
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