On 25th January 2024, we hosted the final of three Horizon Scanning webinars, which looked at what’s coming down the regulatory track for 2024, with a focus on the Consumer Credit and Insurance sectors.
The objective of these webinars was to:
- highlight the key regulatory initiatives and reforms hitting firms and compliance departments in 2024;
- to share what we believe are key FCA priorities and any common themes we are seeing in FCA communications derived from our collective experience of working across multiple sectors; and
- to help enable participants to earmark resources to prepare for regulatory initiatives in good order.
Agenda
The agenda below highlighted the main areas of focus for this webinar, in addition to other items covered from the FCA’s regulatory initiative grid.
- Credit Information Market Study
- Tailored Support Guidance Consultation/Debt advice rules review
- Post-implementation review of Vulnerable Customer Guidance
- Evaluation of GI pricing practices
This webinar is relevant for all firms within the Consumer Credit and Insurance space, including, credit brokers, leasers, lenders, funeral planners, insurance intermediaries, mortgage providers and claims management providers.
Speakers
Ben Antcliffe
Ben is the Associate Director leading the Consumer Credit & Insurance team He specialises in the Consumer Credit, Mortgages and General Insurance sectors, providing daily compliance services and support to a wide range of clients. Ben is a core member of the team and can frequently be found supporting his colleagues with various projects and queries. He is also an active member of the APCC.
Ben joined Cosegic in September 2020 after spending over 12 years in a selection of compliance roles where he led, developed and managed teams of Compliance Officers. Prior to his compliance monitoring and management roles, Ben also spent some time as a mortgage & protection consultant, leading into his specialism within the sector.
Will Khammo
Will is a Senior Consultant specialising in supporting a wide range of Insurance, Mortgages, Claims, and Funeral Planning clients. He has experience working with a variety of business sizes, from start-ups to mature yet dynamic businesses, and has worked across industry sectors across the financial services spectrum delivering commercially focused solutions that are real, relevant and proportionate to the client in question. Will is also an ex-regulator having spent 6 years at the FSA (now FCA) before becoming a compliance consultant.
He joined Cosegic in 2021 following previous senior roles including Head of Compliance, Head of Financial Crime and Head of Corporate Services. During his roles, Will held a number of core responsibilities including; ensuring that a fintech insurance business was compliant in two different regulatory regimes; developing and implementing a high-level strategy and integrated approach for the management of financial crime; and ensuring that the Business complied with the regulatory, financial and legal practices of both Gibraltar and UK.