WebMar 30, 2024 · The FCA already expected target market identification to take place at a level of granularity that reflected the nature, risk profile and complexity of the product. Firms now also need to take vulnerable customers into account at all stages, considering the impacts of the product and services on these customers. Comment WebDec 2, 2024 · The FCA has published final guidance for insurance product manufacturers and distributors involved in the general insurance distribution chain (see FG19/5). …
FG19/05: General insurance distribution chain: Finalised
WebDec 10, 2024 · The FCA have initiated a review of the product governance process in a sample of firms, using the Covid-19 pandemic as a mechanism to understand how effective the regulations have been. Kenneth Underhill looks at the information being requested and considers what might be on the horizon for firms. ... FG19/5 guidance was confirmed on … WebFG19/5: The GI distribution chain: Guidance for insurance product manufacturers and distributors The FCA has issued ‘finalised guidance’ resulting from their diagnostic work in 2024 and 2024 on distribution chains, and the impact of distribution costs on ‘product value’, for general insurance and pure protection. tc-bj 900 cijena
Financial Conduct Authority FCA
WebDec 5, 2024 · fully review the CEO Letter, the report, and attached guidance and identify and address any gaps. Introducing the Finalised Guidance: The finalised guidance was published in November 2024 (FG 19/5). WebFCA Supervisory strategy for Personal and Commercial line insurers . We wrote to you in January 2024 setting out our view of the key risks of harm Personal and Commercial line (PL&CL) insurers posed to their consumers and the markets in which they operate. While we have seen improvements in some areas, we remain of the view that there are WebDec 5, 2024 · fully review the CEO Letter, the report, and attached guidance and identify and address any gaps. Introducing the Finalised Guidance: The finalised guidance was published in November 2024 (FG 19/5). bateria mlb021