Insurance Regulatory Update March 2019

Brexit continues to make the political headlines and the uncertainty of the outcome is reflected in the regulators’ preparations for a no-deal Brexit which have resulted in more guidance and statements during the past month. The FCA announced two large enforcement fines totaling more than £56m for The Carphone Warehouse and UBS and also continued their preparations for the Senior Managers & Certification Regime by publishing new guidance for solo regulated firms and the final policy for the new Financial Services Directory.

Read the Insurance Regulatory Update

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