The Financial Conduct Authority (FCA) has today published the final report of its Wholesale Insurance Brokers market study which was launched in November 2017 to assess how competition was working in the sector. Overall, the FCA has not found evidence of significant levels of harm that merit the introduction of intrusive remedies. This report is, therefore, not an interim report but a final report!
For further details and to read the full report click here….
It is certainly worth reading and covers a lot of interesting areas where BIBA are working hard for its members including Brexit
See link below to view the report:
The values of fine handed down by the FCA has decreased by 88 per cent in a year but the penalties slapped on individuals has trebled in size. For further information please see the following link.
https://www.ftadviser.com/regulation/2018/12/10/fca-fines-against-individuals-almost-treble/
The Financial Conduct Authority has published general information about how consumers may be affected by the UK’s withdrawal from the EU:
https://www.fca.org.uk/consumers/how-brexit-could-affect-you
This update provides general information about how consumers may be affected by the UK’s withdrawal from the EU as well as signposting to further detail. It outlines potential scenarios that may occur depending on whether an implementation period is agreed or not, as well as scam awareness information. It also indicates that consumers should hear directly from their financial providers if they are going to be directly affected by Brexit.
Please note that the content is still evolving, and we will update the page as and when we can when the situation changes.
For more information visit the Brexit pages on the FCA website.
To read more, please see the below link:
Thanks to all those who attended our Party in Park on Saturday and helped make it such a huge success.
It was an afternoon and early morning for family, friends and collegues full of dancing, singing, live stage perfomances, open-mic, food, games, stalls and some guests even had a go at performing in the Djembe drumming sessions.
We raised a total amount of £1089.05 for the charity “Once upon a Smile” and this will help so many children in time of need. see www.onceuponasmile.org.uk
Thanks for helping make this such a memorable and special day.
