The FCA Business Plan - A Compliant MGA Perspective
Speaker: Kenneth Underhill , Director
Wednesday 29 April 2020
13:00 to 14:00
THIS WEBINAR SESSION WILL BE HOSTED ON ZOOM CONFERENCING. ALL REGISTERED ATTENDEES WILL BE PROVIDED WITH THE SIGN IN DETAILS
Every year, the FCA release their annual business plan in early April. It sets the scene for the regulatory road map for MGAs for the year to come and often beyond that.
Previous plans have signalled the onset of regulatory changes including the Insurance Distribution Directive, Senior Managers & Certification Regime and the reviews into pricing and vulnerable customers amongst many other changes.
Hidden within the 2018/9 and 2019/20 plans have also been the initial signals on value measures, vulnerable customers and culture, none of which appear yet to be at the end of the diagnostic cycle.
Kenneth Underhill will look at the 2020/1 FCA Business Plan and consider what the reality means for MGAA members, using previous plans and outcomes as examples.
Members will have a clear understanding of what the 2020/1 FCA Business Plan means for their firm and the actions they will need to take to begin planning within their Regulatory and Compliance teams and ensure their business is prepared for any likely actions, information requests and changes that are implemented.