Search Results for: Insurance Authority
The Financial Conduct Authority publishes its Mission and Business Plan
April 19th, 2017
The Financial Conduct Authority (FCA) has published its Mission, which gives firms and consumers greater clarity about how the FCA prioritises its interventions in financial markets. Alongside the Mission, the FCA has published its Business Plan for 2017/18 and Fees ...
FCA publishes Insurance Distribution Directive consultation
March 7th, 2017
The Financial Conduct Authority (FCA) has published the first of its two consultation papers on the implementation of the Insurance Distribution Directive (IDD). The Insurance Mediation Directive (IMD) was introduced in early 2005 and was designed to encourage competition ...
ICM Capital Offers £1,000,000 Insurance for FX and CFD Traders
January 6th, 2017
ICM Capital today announces it has enhanced its client-fund protection to cover £1,000,000. This new insurance is available to all ICM Capital live account holders at no additional cost and is underwritten by QBE Underwriting Limited and other participating ...
ASIC bans insurance broker director
November 30th, 2016
ASIC has permanently banned Christopher John Griggs from providing financial services. Mr Griggs was the sole director of Chris Griggs Insurance Offices Pty Ltd, an insurance broker based in Mount Pleasant, South Australia. ASIC found that Mr Griggs prepared ...
PwC appoints new Insurance regulatory partner
April 7th, 2016
PwC is pleased to announce that Carlos Montalvo Rebuelta, one of Europe’s leading insurance regulators, has joined its global insurance regulatory practice. Based in Spain, Carlos will play a leading role supporting PwC’s EMEA and global clients in managing ...
Joint Press Release by the Bank of Israel, the Israel Securities Authority, the Ministry of Finance, the Ministry of Justice, and the Israel Tax Authority
November 13th, 2015
The Joint Team to Promote Securitization in Israel publishes its final report, and recommends that the securitization market be developed cautiously and in a measured fashion by removing obstacles. The Interministerial Team for the Promotion of Securitization in Israel ...
FCA lambasted by MPs over insurance market panic
March 27th, 2015
The Financial Conduct Authority has still not learnt from last year’s calamitous “pre-briefing” of insurance market reforms, and its chief executive, Martin Wheatley, is still in denial about what went wrong, a committee of MPs warns today. The Treasury ...
New President of the German Financial Supervisory Authority (BaFin)
March 16th, 2015
As from the beginning of March, Felix Hufeld is the new President of BaFin. He took over from Dr Elke König at the beginning of March. Dr König will be moving to Brussels to help set up and head ...
Stonebridge International Insurance Limited fined by FCA with £8.4m
August 7th, 2014
The Financial Conduct Authority (FCA) has fined Stonebridge International Insurance Limited (Stonebridge) £8,373,600 in relation to sales of accident insurance products. Between April 2011 and December 2012, Stonebridge targeted low and middle income customers without college degrees or professional ...
Financial Conduct Authority to investigate how firms deal with risk benchmark manipulation
March 31st, 2014
The Financial Conduct Authority (FCA) has announced plans to look into how firms can reduce the risk of traders manipulating key benchmarks as a central part of its Business Plan for 2014/15, which was published today. The forward-looking thematic ...
