The European Banking Authority has published a report on cross-border banking services and the regulatory boundaries for third-country firms operating in the EU. Rashim Arora explores the findings and how firms can prepare for the end of remote access to EU clients alongside an evolving compliance landscape.
Insurers are currently preparing solvent exit plans, with less than a year left to meet PRA requirements. Klaas de Vries, Russell Simpson and Leonard Mapfumo take stock of firms’ progress and how to overcome the remaining hurdles.
The insurance sector stands at the crossroads between wholesale transformation and uncertainty around the direction of tide for regulatory redress. Successfully leveraging data in the road to greater digitalisation will be a key differentiator.
The FCA has published its findings regarding firms’ claims-handling processes for vehicles which have been stolen or written-off. We take a closer look at at these findings and outlines key next steps for insurers.
The Treasury Committee has released their report exploring diversity, equity and inclusion (DE&I) in financial services. We take a look at the report and the key implications for firms.