On January 14, 2005, general insurance came under the regulatory remit of the Financial Services Authority. The Association of British Insurers commissioned CRA International to undertake a quantification of the consumer benefits of the impact of this regulation as implemented through the Insurance Conduct of Business rules. Examining motor insurance, critical illness cover, and payment protection insurance, the report uses innovative techniques to demonstrate the market impact on consumers.
Key issues for the US banking sector
Simultaneously, banks are challenged to address transformative issues such as artificial intelligence and escalating cyber threats, while maintaining vigilant...