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FCA provides update on the approach firms should take when handling complaints

On 7 May 2020, the FCA updated its statement on how firms should handle complaints during the COVID-19 pandemic
08 May 2020

Blog

IAIS press release on steps to mitigate the impact of COVID-19 on the insurance sector

The IAIS, the Financial Stability Board (FSB) and other standard-setting bodies have been working together to assess the impact of COVID-19 on the global insurance sector
08 May 2020

Blog

COVID-related cyber risk high on the FCA’s agenda

The FCA has updated its COVID-19 guidance for firms, highlighting the increased information security threat presented by the current circumstances
08 May 2020

Blog

FCA's Executive Director of International to focus on the response to COVID-19 and Brexit

Nausicaa Delfas, FCA Executive Director of International, delivered a speech focusing on the FCA’s response to coronavirus and Brexit
08 May 2020

Blog

ESMA publishes statement reminding firms of their obligations under the MiFID II Directive

In its statement ESMA highlights the fact that heightened uncertainty has led to high market volatility and an increase in market, credit and liquidity risks
07 May 2020

Blog

FATF issues paper on COVID-19 risks and policy response

The paper identifies challenges, good practices and policy responses to new COVID-19 money laundering and terrorist financing risks
06 May 2020

Blog

FATF postpones mutual evaluations and follow-up deadlines

The Financial Action Task Force (FATF) has agreed to temporarily postpone all remaining FATF mutual evaluations and follow-up deadlines, in light of practical difficulties caused by COVID-19
01 May 2020

Blog

EIOPA's Chair gives interview on the insurance & pensions industry’s response to COVID-19

In particular, we summarise Gabriel Bernardino’s view on EIOPA’s expectations of the industry and how he thinks the industry will change as a result of the crisis
01 May 2020

Blog

FCA to obtain court declaration to resolve contractual uncertainty in BI insurance cover

The announcement is a result of concerns around the lack of clarity for some customers making business interruption claims and the basis on which some firms are making decisions in relation to claims
01 May 2020

Blog

FCA issues CEO letter regarding equity finance raising

The FCA has published a Dear CEO Letter setting out its expectation that financial firms ensure fair treatment of corporate customers preparing to raise equity finance
30 April 2020

Blog

FCA extends submission deadlines for regulatory returns due by 30 June 2020

The FCA is allowing flexibility in relation to the submission deadlines for certain regulatory returns by allowing a one or two month delay
30 April 2020

Blog

FCA Dear CEO Letter on Insuring SMEs: Business Interruption

On 15 April, the FCA published a Dear CEO Letter focussing specifically on conduct in relation to business interruption ('BI') insurance
16 April 2020
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