Premium finance: a greater focus on fair value assessments
ArticleThe FCA’s premium finance final report confirms no sector-wide interventions but highlights the need for stronger, more robust fair value assessments.
Jon provides strategic advisory services across the insurance sector and the wider financial services market, helping firms navigate complex regulatory expectations with confidence.
He specialises in corporate governance and SMCR, governance effectiveness reviews, new authorisations, and the full spectrum of conduct and prudential regulation. With over 25 years’ experience in regulatory, risk and compliance, Jon brings deep insight into how firms can meet Financial Conduct Authority and Prudential Regulation Authority requirements in a way that is both pragmatic and proportionate.
He works closely with clients to translate regulation into practical, workable solutions, supporting them to embed robust governance frameworks while maintaining commercial momentum. Where issues arise, Jon has significant experience designing and delivering remediation programmes that address potential customer harm and strengthen long-term resilience.
The FCA’s premium finance final report confirms no sector-wide interventions but highlights the need for stronger, more robust fair value assessments.
The FCA is extending the existing non-financial misconduct framework, already in place for banks, to all senior manager and certification regime (SM&CR) firms.
The FCA’s interim report on the pure protection market study finds the market broadly effective and proposes no major interventions.