Blogs

Legal Clarity, Regulatory Complexity: The Motor Finance Challenge

corporate governance, remuneration, conflicts, complaints, regulatory updates

The Supreme Court ruled that certain commission arrangements between car dealers and lenders created an unfair relationship under Section 140A of the Consumer Credit Act 1974. This followed years of complaints about discretionary commission arrangements (DCAs), where...

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Has SM&CR made a difference?

governance, accountability, culture, remuneration, SIMR, SM&CR, certification, competence

The Senior Managers & Certification Regime (SM&CR) for insurers took effect in December 2018. As part of the Solvency II regime, insurers were already subject to the Senior Insurance Managers Regime (SIMR) introduced in 2016. Despite that, there were some new...

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