Compliance Updates

Ben’s Compliance Bulletin: The Quest for Qualifications

By |2020-09-21T12:28:16+01:00September 21st, 2020|Compliance Updates, Network News|

“In America, anyone can become president. That’s the problem.”  – George Carlin, Comedian Before anyone concludes that I’m in some way trying to make a political point, please let me reassure you that I am not. Do you know the qualifications required to be President of the United States? There are three: A natural [...]

Ben’s Compliance Bulletin: Material Changes

By |2020-04-06T13:21:44+01:00April 6th, 2020|Compliance Updates, Network News|

As I near the end of my third week of isolation, I thought it best to write a compliance update; consider it my way of letting you all know that I’m still around! This time, I thought I would reference the ever changing face of lender criteria. First though, a positive thought From conversations [...]

Ben’s Compliance Bulletin: Claims Management Companies

By |2019-08-12T11:01:11+01:00August 9th, 2019|Compliance Updates, Network News|

It has now been four months since the Financial Conduct Authority (FCA) began regulating the claims management industry (1st April 2019); this means that all claims management companies (CMCs) will now have to report in to the FCA and will have a new set of standards to adhere to. Regulation of these companies aims to [...]

Ben’s Compliance Bulletin: An update on everything!

By |2019-05-22T13:51:58+01:00May 20th, 2019|Compliance Updates|

Every day the BBC sends me an email entitled “Things you need to know today” which is mostly filled with things I neither need to know, nor do I particularly enjoy reading. For the most part they tell me that Brexit will/won’t go ahead, Theresa May will be going soon and that Donald Trump has [...]

Ben’s Compliance Bulletin: Brexit Briefing

By |2019-03-26T10:44:39+00:00March 26th, 2019|Compliance Updates|

Britain’s EU leave date of 29th March has now been extended to 12th April after weeks of negotiations. By this date, it will be decided whether to leave the EU without a deal, whether to accept a lengthy delay involving holding European parliament elections or whether to cancel Brexit altogether. With this in mind, [...]

Ben’s Compliance Bulletin: Be Diligent, Be Vigilant, Be Accurate

By |2019-03-12T10:50:52+00:00January 8th, 2019|Compliance Updates|

So, back to work, fully recharged and ready for 2019! Mind you, I wouldn’t mind being back on that cruise ship in the Caribbean enjoying the sunshine again. And it’s on that cruise ship that I would like to start my article today. If you have ever had the opportunity to stand on deck, [...]

Ben’s Compliance Bulletin: Renewals and Replacement

By |2019-03-12T10:51:06+00:00November 15th, 2018|Compliance Updates|

So as it turns out, I have had more than a little experience of renewals and replacement over the last few months; but that serves me right for buying a house which, it now turns out, is falling down. Oh if only I could post some pictures of the surprises that I have seen! One [...]

Ben’s Compliance Bulletin: GDPR… 5 Months On

By |2019-03-12T10:51:20+00:00October 15th, 2018|Compliance Updates|

As many of you will know I have a fondness for the saying that goes something like this: “Insanity is doing the same thing over and over and expecting different results.” Putting aside the debate as to whether it was Albert Einstein who first said this; the statement, in itself, makes a lot of sense; [...]

Ben’s Compliance Bulletin: Insurance Distribution Directive

By |2019-03-12T10:51:27+00:00September 20th, 2018|Compliance Updates|

Another month and another EU directive for us to decipher, interpret and implement – I suppose I should be grateful that they are keeping me in work! On the horizon (and coming up fast!) is the Insurance Distribution Directive (IDD). In fact, if truth be told, it’s here already. The final date for implementation is [...]

Ben’s Compliance Bulletin: Financial Sanctions & Politically Exposed Persons

By |2019-03-12T10:51:40+00:00August 9th, 2018|Compliance Updates|

Although it seems like yesterday, it has been around two years since I issued a reminder about financial sanctions and politically exposed persons (PEPs). For those of you who have been members of the network for long enough, you will recall that I started off talking about the Carnival of Venice and finished the article [...]

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