Private credit – a public issue for insurance
ArticleRising insurer exposure to private credit is attracting increasing regulatory scrutiny, with concerns over transparency and systemic credit, liquidity and underwriting risks.
The new inflation figures have come out and a 40-year record has been set, impacting the cost-of-living crisis once again. As customers are feeling more vulnerable, we're starting to see regulatory moves to relieve it.
In our latest regulatory update David Morrey discusses recent developments, including: the cost-of-living crisis, Regulatory Initiatives Grid, Buy Now Pay Later, and speeches covering technology innovation, sandboxes, and sprints – raising awareness on how firms can prepare for the changes ahead.
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Rising insurer exposure to private credit is attracting increasing regulatory scrutiny, with concerns over transparency and systemic credit, liquidity and underwriting risks.
The FCA motor finance redress scheme final rules are live, covering high commissions, discretionary commission arrangements and tied relationships.
Stay up to date with our latest round up of financial regulation.