Jan 21 – SM&CR Certification focus

In 2019 AMI produced a suite of documents to assist firms in ensuring they were ready for the new FCA Senior Managers and Certification Regime. It is important that

Dec 20 – Brexit

The UK’s Brexit withdrawal transition period ends on 31 December 2020 at 11pm.  AMI has prepared a factsheet to highlight areas for member firms to consider ahead of this deadline

Nov 20 – GI market study and consultation

In September 2020, FCA released its final market study report into GI pricing practices.  Alongside this, it also released a consultation paper which AMI plan to respond to. A policy statement is expected in Q2 2021, with implementation expected four months thereafter. Why does the FCA want to intervene in this market? This forms part […]

Aug 20 – FCA insurance guidance

On 11 August the FCA issued finalised guidance for insurance and premium finance firms when dealing with customers in financial difficulty due to coronavirus.

Aug 20 – Regulator on a Mission

As this unique year sees an August spike in interest in housing and mortgages, our friends at the FCA also appear to be returning to business as usual.  Having had seven days to respond to a consultation on how we should deal with people coming to the end of payment deferral, we have had four […]

Aug 20 – IMLA green mortgages research

The Intermediary Mortgage Lenders Association (IMLA) is conducting a new research project which will assess the consumer appetite for green mortgage products and feed those insights back to lenders, brokers and the wider market.

Aug 20 – How to get PII ready

AMI is aware from member research that firms are seeing increased premiums and excesses, restrictive terms, and reduced insurer choice at renewal of their professional indemnity insurance (PII) policy.