The FCA’s 5 + 5 Day Sanctions Test: Would Your Firm Survive?
Navigating the motor finance redress scheme requires more than increased staffing; it's a test of operational resilience and strategic control for lenders. Discover how to prepare effectively.
Motor Finance Redress Is Not a Complaints Exercise. It’s an Operating Model Test.
Navigating the motor finance redress scheme requires more than increased staffing; it's a test of operational resilience and strategic control for lenders. Discover how to prepare effectively.
What does the latest Office of Foreign Assets Control (OFAC) penalty mean for UK property firms?
UK property firms must heed the recent OFAC penalty on Russia sanctions to navigate compliance risks and ensure robust due diligence in international transactions.
Why a Strong Sanctions-Compliance Culture Matters
Discover how inflation volatility challenges traditional actuarial methods and the innovative strategies insurers can adopt to navigate this unpredictability effectively.
Closing the reporting gap: How to prepare for CP19/24 and future regulatory reporting demands
Get ready for CP19/24: Modernize data and reporting for UK insurers to enhance transparency, accuracy, and regulatory compliance. --- In this blog post, we delve into the Prudential Regulation Authority's (PRA) consultation paper CP19/24, released on December 11, 2024, which aims to close liquidity reporting gaps and streamline Standard Formula reporting for UK insurers. This regulatory update is more than just another compliance mandate; it’s a significant opportunity for finance and reporting professionals to reassess their data management practices, modernize systems, and prepare for future demands. Understanding CP19/24: What’s Changing and Why It Matters CP19/24 is part of the PRA’s broader efforts to simplify and strengthen regulatory reporting for UK insurers. Building on previous regulations, it introduces changes to templates, data requirements, and validation rules under Solvency II and related frameworks. The goal is to make reports more reliable and comparable across the industry by revising certain templates, removing
From compliance to confidence: How finance teams are preparing for Solvency UK
As UK insurers prepare for Solvency UK, finance teams must balance regulatory compliance with strategic insights for better capital management and business resilience.
CP19/24: Closing Liquidity Reporting Gaps – What Insurers Need to Know
UK insurers must prepare for new PRA liquidity reporting requirements under CP19/24 to enhance resilience and regulatory compliance by December 2025. Discover key steps for readiness.
FCA Confirms New Safeguarding Rules to Protect Consumers’ Money
The FCA introduces new safeguarding rules from May 2026 to enhance consumer protection in payment and e-money firms. Discover the key changes and how they impact the sector.
Governance, risk and controls under Solvency UK
Explore how insurers can effectively embed governance, risk, and control frameworks under Solvency UK to meet new regulatory expectations and drive sustainable growth.
Navigating the Future: Strategic Priorities for CFOs in the UK Insurance Sector (2025 and Beyond)
CFOs in the UK insurance sector must embrace digital transformation, regulatory agility, ESG integration, talent development, and strategic capital allocation to navigate future challenges effectively.