Cobra Network Compliance

Compliance Update: Travel Insurance for consumers with pre-existing medical conditions

In December 2024, the FCA consulted in Quarterly Consultation Paper CP24/26 to increase the medical condition trigger point at which firms are required to signpost consumers to a medical cover firm di...

Compliance Update: FCA Senior Managers & Certification Regime

The FCA has released Consultation Paper CP25/21, proposing changes to the Senior Managers & Certification Regime (SM&CR). The aim is to shift from strict oversight to a ‘Trust and Verify’ mode...

Compliance Update: Summary of interim report on the FCA’s Market Study into Premium Finance

The FCA have issued their update paper which summarises the initial findings from the premium finance market study that commenced in October 2024. The reason for this market study was because the FCA ...

Compliance Update: Tackling non-financial misconduct in financial services

From 1st September 2026, the Financial Conduct Authority (FCA) are expanding the scope of COCON (Code of Conduct) so that the conduct rules covering serious instances of bullying harassment and simila...

Compliance Toolkit: Appointed Representatives Regime

The FCA continues to focus on Appointed Representatives (ARs) identifying poor quality of oversight by some principal firms to be a source of significant consumer harm. Concern about appointed represe...

Compliance Toolkit: Simplifying the insurance rules

The FCA have recently issued Consultation Paper 25/12: Simplifying the insurance rules: Proposed amendments following DP 24/1 and discussion on further changes for insurance and funeral plans where it...

Compliance Toolkit: FCA to replace consumer credit data reports

As part of the drive to become a smarter regulator the FCA have introduced a new Consumer Credit return. The data received in the current consumer credit returns has been identified as being of poor q...

Compliance Update: FCA: removing reporting and notification requirements

FCA: removing reporting and notification requirements The FCA have launched a consultation paper (CP25/8) setting out their plans to remove some reporting and notification requirements. There is a sho...

Compliance Toolkit: Firms’ treatment of customers in Vulnerable Circumstances

The FCA conducted a review to evaluate the relevance of its existing guidance, in addressing the needs of vulnerable customers. Vulnerable circumstances can impact how individuals interact with firms,...