News

FCA publishes Wholesale Insurance Brokers Market Study final report

 

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….

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Successful “Making A Lasting Impression” course last week in Manchester

IMP 1v2

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Biba launches their 2019 Manifesto entitled Risks and Opportunities

 

It is certainly worth reading and covers a lot of interesting areas where BIBA are working hard for its members including Brexit

See 2019 Manifesto here

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Create Solutions to assist Claims Management Firms with FCA regulation

 

Click here for further information…

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The FCA are to overhaul their Whistleblowing procedures…

See link below to view the report:

www.financemagnates.com/institutional-forex/regulation/fca-to-overhaul-treatment-of-whistleblowers-says-report

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Christmas Opening Hours

 

Opening times

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FCA fines against individuals almost TREBLE!

 

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/

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Financial Conduct Authority: UK’s withdrawal from the EU…

 

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.

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The FCA issue a statement on super-complaint from Citizens Advice to the CMA on excessive prices for disengaged consumers

 

To read more, please see the below link:

https://www.fca.org.uk/news/statements/super-complaint-citizens-advice-cma-excessive-prices-disengaged-consumers

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Party in the Park

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.

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