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Commercial Insurance

We worked very closely with the FSA, as did the industry and other bodies, to develop an ‘industry solution’ to address the potential for detriment in the commercial insurance market...[more]

 

Enhanced Strategy for Smaller Firms

The FSA’s ‘Enhanced Strategy for Smaller Firms’ is the FSA’s approach to increase regulatory contact and engagement with smaller authorised firms...[more]

 

Financial Ombudsman Service (FOS)

We have regular contact with the Financial Ombudsman Service (FOS) on a number of topics of interest, including the FOS corporate and budget plan...[more]

 

Financial Risk Outlook 2009

In January 2009 we had discussions with the FSA ahead of the publication of the Financial Risk Outlook (FRO)...[more]

 

Insurance Mediation Directive

We have had discussions with the FSA in regard to the European Commission’s thinking concerning the revision of the European Insurance Mediation Directive (IMD is the European Parliament and Council Directive of December 2002 on insurance mediation) and relevant work...[more]

 

Mortgage Fraud

The SBPP has been supportive of the FSA’s strategy on mortgage fraud and felt that this would help encourage further discipline in the market place...[more]

 

Quality of Advice (Outcomes) Project

As at July 2008, the Panel had received regular updates from the FSA in regard to the Quality of Advice (Outcomes) Project, however it remained unconvinced that the benefits from this work will justify its cost...[more]

 

Retail Mediation Activities Return

Retail mediation activities return is a mechanism for reporting to the FSA various data relevant to the retail sector...[more]

 

Treating Customers Fairly

We followed the FSA’s integration of the regulatory principle of Treating Customers Fairly (TCF) into the FSA’s firm supervision process (ARROW)...[more]