General Insurance and Protection: FCA’s ‘Burning Issues’ – 2014 and beyond (SearchBite) - Searchlight Insurance Training

General Insurance and Protection: FCA’s ‘Burning Issues’ – 2014 and beyond (SearchBite)

The FCA has published two key documents: its 2014/2015 business plan and the 2014 Risk Outlook.

These documents clearly signpost the FCA’s intentions for closer scrutiny and consideration of particular issues and points of concern within the UK’s financial services markets.

The documents provide regulated businesses with clear markers in terms of possible areas of regulatory exposure.

This intensive 2 hour SearchBite is intended for those who are looking for an introduction to the FCA’s key issues as they relate to General Insurance and Protection.

Level:

Duration: 0.2 day(s) CII CPD Hours: 2
     

Key programme elements

The FCA’s areas of focus

•An overview of the FCA’s Risk Outlook 2014 and Business Plan 2014/2015 with specific reference to General Insurance and Protection
•Different types of work that the FCA is conducting, or intending to conduct, within the General Insurance and Protection sector
•Key areas and themes of FCA’s focus within General Insurance and the underlying reasons
•Beyond the horizon – 2015 onwards

 

The FCA’s schedule

•What’s happening and when
•How to get involved and have your say

 

Potential impact for the sector as a result of closer regulatory scrutiny

 

By the end of this SearchBite, participants will be able to:

  • understand the FCA’s key areas of regulatory concern and where these may impact General Insurance and Protection
  • consider FCA plans and timetables in relation to their own business strategy
  • start to determine where possible regulatory exposures may be found in their own business in light of FCA’s closer scrutiny

 

  • start to build a plan for what they need to do next in response to FCA’s agenda
  • consider how best to interact with the regulator when issues are being examined and considered at industry sector level