Regulatory update: Motor finance redress in limbo
Episode 89Motor finance remediation hits delays as legal challenges stall timelines. FCA outlines next steps, contingency planning, and wider regulatory updates.
The relatively dramatic developments in financial markets that the UK is enduring are impacting many areas of life. The insurance sector has been affected by it too, although it's demonstrating a remarkable robustness, given the global turmoil in the last couple of years.
In this episode, Irina Velkova, is joined by Paul Cooper, Group Chief Financial Officer at Hiscox, Charlotte Clark, Director of Regulation at the Association of British Insurers, and Rob Benson, Partner at Grant Thornton UK LLP, to discuss resilience in the insurance sector, and how to overcome its current challenges.
Host
-
Rob Benson I am the head of financial services, business risk services and have over 20 years' experience working within the financial sector, providing internal audit and controls advisory support.View Profile -
Irina Velkova As a regulatory advisory practice director, I advise firms on new regulations, implement improved structures and processes, and work with board and c-suite stakeholders to resolve governance and regulatory issues.View Profile
Read our related insights, reports and more
Nested Financial Crime Risks in Correspondent Banking
VideoNested relationships in correspondent banking can expose firms to hidden financial crime risks. Learn how to improve oversight, transparency and monitoring.
Your guide to this week in regulation
TechnicalStay up to date with our latest round up of financial regulation.