Insurance bulletin, November 2024
Welcome to the Insurance bulletin, November 2024 covering the latest regulatory and disputes topics.
Bulletin
27 November 2024
FCA and PRA publish guidance on prudential assessments for acquisitions and increases in control of authorised firms
The FCA and PRA have recently published a joint Policy Statement (PS18/24), implementing changes …
Critical third parties update – new UK regime
The FCA, the Bank of England and the PRA have jointly published a policy statement (PS 16/24) …
Potential amendments to the Financial Ombudsman Service’s redress system
In November, a joint consultation on Modernising the Redress System was published by the Financial Ombudsman Service ("FOS") and the FCA …
Third Parties (Rights Against Insurers) Act 2010 developments
There have been two recent judgments in relation to the Third Parties (Rights Against Insurers) Act 2010 of interest …