Regulation

Regulation imposed by the FSA is a greater burden and competitive disadvantage on brokers than corporation tax, the British Insurance Brokers' Association (BIBA) has warned.

The British Insurance Brokers' Association (BIBA) has implored the Treasury to apply an "appropriate, proportionate and cost-effective approach" to regulating insurance brokers.

The Association of British Insurers (ABI) has warned the introduction of new financial authorities could lead to dual regulation for its members.

Can you see a change in focus for the FSA's replacement, following its renaming to the Financial Conduct Authority (FCA), rather than the previously suggested Consumer Protection and Markets Authority (CPMA)?

The British Insurance Brokers' Association (BIBA) has launched a member petition to be tabled in the House of Commons on the way the FSCS is funded.

Representatives of the European insurance industry have written to the European Commissioner for the Internal Market and Services, Michel Barnier, to ensure that the "overly conservative and prescriptive" elements it believes are contained in the draft...

The ABI has given its backing to the Treasury's simplified products proposal and highlighted the need for a government supported replacement to payment protection insurance (PPI).

The Competition Commission (CC) has confirmed the banning of payment protection insurance (PPI) sales at the point of credit sale for seven days and introduced a wide range of rules governing the product.

The Association of British Insurers has questioned the Insurance and Occupational Pensions Authority's decision to schedule a stress test during the implementation of Solvency II.

The proposed new regulatory structure is the industry's "worst nightmare", according to a respected regulation and insurance lawyer.