05 Apr 2022
The Financial Conduct Authority's latest business plan signalled substantial change for 2022 when it was revealed last summer. In fact, significant shifts have already begun to take place. The new UK Investment Firm Prudential Regime came into force on 1 January 2022 and the remainder of the FCA's general insurance value pricing and loyalty penalty measures also took effect at the start of the year. These changes represent a major shake-up in the investments and insurance sectors and certainly reflect the ambitious nature of the FCA's plans. As we move into spring, what's on the horizon for the rest of the year? In this article, Lucy Hadrill and Emma Radmore of Womble Bond Dickinson explore the key regulatory changes firms should be aware of in the coming months.