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The Retail Distribution Review (RDR) is the Financial Services Board’s way of guaranteeing that the financial services industry operates in an open, ethical manner.
We live in a fast paced world that is showing no signs of slowing down any time soon. A world where there are endless technological resources at our finger tips allowing us to search for exactly what we want, when we want.
The insurance sector faces a myriad of compliance challenges and has done so for a number of years. The pace of regulatory obligations and compliance complexity has been onerous from both solvency and market conduct aspects, the costs of which are significant at a time when operating and market conditions are exceptionally tough for the insurance industry.
The real-time tracking power of telematics has expanded beyond its original use of tracking personal vehicles and has become a game changer in real-time tracking of cargo containers wherever they are in the world. By Frank Ponnen, Head of Marine Hollard Broker Markets.
The strongest deterrent against FSP compliance missteps is or should be: