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The much-awaited decision in the FCA’s High Court test case in relation to non-damage business interruption (BI) insurance policies and their response to the COVID-19 pandemic was published yesterday (15th September 2020) (the Judgment). The 162 page decision is indicative of the degree of complexity that the Judges found in ...
This page contains news of upcoming webinars and recordings of recent CMS webinars, available to view on demand. Webinars are a convenient way to stay informed and hear from our legal experts. Upcoming webinars Digitalisation of firms – fair value in a digital age – 2 October 2020 Culture and ...
The Financial Conduct Authority (FCA) has published its Feedback Statement on last year's Discussion Paper (DP/2) on Intergenerational Differences. Intergenerational fairness is an increasingly pressing concern, with a wide disparity in financial circumstances across the generations caused by changing socio-economic conditions and exacerbated by a growing ageing population. Younger generations ...
Ensuring customers receive fair value for financial services is a major regulatory concern at the moment. Issues of fairness in pricing are likely to become increasingly prevalent and complex in the future as firms’ use of new technologies and data becomes more sophisticated. Fair pricing is directly relevant to FCA’s ...
The FCA has announced proposals to extend a series of temporary measures designed to help customers holding insurance and premium finance products and who may be experiencing temporary financial difficulty as a result of coronavirus (the Proposals). The temporary measures originally came into force on Monday 18th May 2020 and ...
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