FCA portfolio letter – insurance
The FCA portfolio letter on insurance ties in a number of regulatory topics and summarises the FCA’s priorities for the life insurance market up until 2025…
Misleading rates in online mortgage adverts
We’ve received reports regarding misleading online mortgage adverts quoting rates for second charge mortgage products that are no longer on the market…
New limitations on mortgage permissions
As part of the authorisation application process, the FCA is inviting mortgage intermediaries to apply for limitations on their mortgage permissions…
ICO issues new guidance
The information Commissioners Office (ICO) have issued new guidance for utilising the blind carbon copy (BCC) email feature for non-sensitive information…
FCA clarification – Professional Indemnity Insurance (PII)
Does your firm have ARs? The FCA has clarified that Principals need adequate PII which includes cover for the activities of their current and former ARs…
FCA to send a financial resilience survey to firms
A number of mortgage intermediary firms will receive an FCA financial resilience survey during October…
Proposed cold calling ban for financial products and services – what is the likely impact on our sector?
HM Treasury (HMT) has issued a consultation to ban cold calling for consumer financial products and services – read AMI’s view in our monthly blog…
Protection – how can we shift the dial?
Last year, AMI Viewpoint featured a five point plan – a call to action to try and transform the protection sector and propel the industry forward…
Your August update from AMI Chief Executive Robert Sinclair
AMI Chief Executive Robert Sinclair on procuration fees, broker fees, the role of AMI, the broker/lender relationship and more…
FOS Letter
The FOS has issued a letter to financial services firms, legal firms and Claims Management Companies regarding its expectations…
Interest-only research
The FCA has published research showing that outstanding interest-only mortgages have fallen by half since 2015, to below 1 million…
Consumer Duty monthly blog – August 2023
In this month’s AMI Consumer Duty blog we talk about what comes next, and what firms need to consider, now that the July 31st deadline has passed…
