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	<title>The RWA Broker Bureau Blog</title>
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	<description>RWA Compliance and HR Blog for Insurance Brokers</description>
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		<title>The Financial Conduct Authority (FCA) – nothing more than a rebadge?</title>
		<link>http://brokerbureau.com/blog/?p=953</link>
		<comments>http://brokerbureau.com/blog/?p=953#comments</comments>
		<pubDate>Mon, 20 May 2013 13:48:52 +0000</pubDate>
		<dc:creator>terence.clark</dc:creator>
				<category><![CDATA[Compliance]]></category>
		<category><![CDATA[Terence Clark]]></category>

		<guid isPermaLink="false">http://brokerbureau.com/blog/?p=953</guid>
		<description><![CDATA[It seems nothing could be further from the truth and brokers in all disciplines must very quickly recognise that the regulatory landscape is changing swiftly and dramatically and the FCA could be a very, very different entity from its predecessor.]]></description>
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		<title>FCA Applications Update</title>
		<link>http://brokerbureau.com/blog/?p=939</link>
		<comments>http://brokerbureau.com/blog/?p=939#comments</comments>
		<pubDate>Tue, 07 May 2013 10:16:58 +0000</pubDate>
		<dc:creator>terence.clark</dc:creator>
				<category><![CDATA[Compliance]]></category>
		<category><![CDATA[Fit For Business?]]></category>
		<category><![CDATA[Terence Clark]]></category>
		<category><![CDATA[Business plan]]></category>
		<category><![CDATA[Change in Control]]></category>
		<category><![CDATA[FCA]]></category>
		<category><![CDATA[FCA Applications]]></category>
		<category><![CDATA[FCA Authorisations]]></category>
		<category><![CDATA[New Start-Ups]]></category>
		<category><![CDATA[risk assessment]]></category>

		<guid isPermaLink="false">http://brokerbureau.com/blog/?p=939</guid>
		<description><![CDATA[Unfortunately, we have to report that there is still a significant backlog of applications with the FCA and the average turnaround time is now 22 weeks from date of receipt of a completed application. Remember, this is in effect the date the regulator stops asking questions.

However, this is only for "simple" cases. More complex ones are taking much longer, we have heard of two examples of 30 and 22 months!]]></description>
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		</item>
		<item>
		<title>A Higher Standard?</title>
		<link>http://brokerbureau.com/blog/?p=934</link>
		<comments>http://brokerbureau.com/blog/?p=934#comments</comments>
		<pubDate>Fri, 26 Apr 2013 13:14:42 +0000</pubDate>
		<dc:creator>robin.wood</dc:creator>
				<category><![CDATA[Blogs]]></category>
		<category><![CDATA[Compliance]]></category>
		<category><![CDATA[CPD]]></category>
		<category><![CDATA[Robin Wood]]></category>
		<category><![CDATA[Training & Competence]]></category>
		<category><![CDATA[BIBA]]></category>
		<category><![CDATA[broking]]></category>
		<category><![CDATA[Chartered Insurance Broker]]></category>
		<category><![CDATA[chartered status]]></category>
		<category><![CDATA[CII]]></category>
		<category><![CDATA[competent]]></category>
		<category><![CDATA[courts]]></category>
		<category><![CDATA[Legal Minimum]]></category>
		<category><![CDATA[material fact]]></category>
		<category><![CDATA[PI Insurers]]></category>
		<category><![CDATA[professionalism]]></category>

		<guid isPermaLink="false">http://brokerbureau.com/blog/?p=934</guid>
		<description><![CDATA[Just remember that every time the CII, one of its officers or any senior figure makes a pronouncement about Chartered Status that it goes into a file and becomes evidence of how the public can expect you to behave.]]></description>
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		<slash:comments>0</slash:comments>
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		<title>The Consumer Insurance (Disclosure &amp; Representations) Act</title>
		<link>http://brokerbureau.com/blog/?p=926</link>
		<comments>http://brokerbureau.com/blog/?p=926#comments</comments>
		<pubDate>Thu, 25 Apr 2013 10:41:26 +0000</pubDate>
		<dc:creator>terence.clark</dc:creator>
				<category><![CDATA[Blogs]]></category>
		<category><![CDATA[Compliance]]></category>
		<category><![CDATA[CPD]]></category>
		<category><![CDATA[Terence Clark]]></category>
		<category><![CDATA[Training & Competence]]></category>
		<category><![CDATA[aviva]]></category>
		<category><![CDATA[Aviva Development Zone]]></category>
		<category><![CDATA[BIBA]]></category>
		<category><![CDATA[Brokers Urged To Swot Up On Consumer Insurance Act]]></category>
		<category><![CDATA[CIDRA]]></category>
		<category><![CDATA[Consumer Insurance (Disclosure and Representations) Act 2012]]></category>
		<category><![CDATA[documents]]></category>
		<category><![CDATA[Insurance Age]]></category>
		<category><![CDATA[Post Magazine]]></category>
		<category><![CDATA[procedures]]></category>
		<category><![CDATA[Steve Foulsham]]></category>
		<category><![CDATA[The OBELISK]]></category>

		<guid isPermaLink="false">http://brokerbureau.com/blog/?p=926</guid>
		<description><![CDATA[This blog includes a free learning module on the Consumer Insurance Act... </p>

Brokers must, if they have not done so already, make sure that they have amended all their internal procedures, documents, sales scripts checklists etc and made sure that all staff are fully briefed in what the new act requires. That way they will be prepared for the changes that insurers will need to have made.]]></description>
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		<title>FSA Fines Prudential £30 Million and Censures CEO for Failing to Inform Regulator of 2010 Acquisition plans</title>
		<link>http://brokerbureau.com/blog/?p=862</link>
		<comments>http://brokerbureau.com/blog/?p=862#comments</comments>
		<pubDate>Fri, 19 Apr 2013 10:22:34 +0000</pubDate>
		<dc:creator>terence.clark</dc:creator>
				<category><![CDATA[Blogs]]></category>
		<category><![CDATA[Terence Clark]]></category>
		<category><![CDATA[Change in Control]]></category>
		<category><![CDATA[FCA]]></category>
		<category><![CDATA[Financial Services & Markets Act]]></category>
		<category><![CDATA[FSA]]></category>
		<category><![CDATA[prudential]]></category>
		<category><![CDATA[regulator]]></category>

		<guid isPermaLink="false">http://brokerbureau.com/blog/?p=862</guid>
		<description><![CDATA[The important point to note is that the Prudential embarked on an acquisition without informing the FSA and they learned about this from the press. There is no quicker way to upset the regulator than by having them find out something from the newspapers.]]></description>
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		<item>
		<title>FSA Published Final Guidance on Incentive Schemes</title>
		<link>http://brokerbureau.com/blog/?p=866</link>
		<comments>http://brokerbureau.com/blog/?p=866#comments</comments>
		<pubDate>Fri, 19 Apr 2013 10:22:22 +0000</pubDate>
		<dc:creator>terence.clark</dc:creator>
				<category><![CDATA[Blogs]]></category>
		<category><![CDATA[Terence Clark]]></category>
		<category><![CDATA[business risk]]></category>
		<category><![CDATA[FSA]]></category>
		<category><![CDATA[governance]]></category>
		<category><![CDATA[Incentive scheme]]></category>

		<guid isPermaLink="false">http://brokerbureau.com/blog/?p=866</guid>
		<description><![CDATA[The FSA have been looking at incentive schemes offered by brokers from each distribution channel and have been concerned that some schemes will increase the possibility of mis-selling.
Therefore, they have published guidance on how they expect firms to manage these areas.]]></description>
		<wfw:commentRss>http://brokerbureau.com/blog/?feed=rss2&#038;p=866</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Common Mistakes Completing GABRIEL Returns</title>
		<link>http://brokerbureau.com/blog/?p=869</link>
		<comments>http://brokerbureau.com/blog/?p=869#comments</comments>
		<pubDate>Fri, 19 Apr 2013 10:22:09 +0000</pubDate>
		<dc:creator>Colin Buckland</dc:creator>
				<category><![CDATA[Colin Buckland]]></category>
		<category><![CDATA[Compliance]]></category>
		<category><![CDATA[Fit For Business?]]></category>
		<category><![CDATA[Client Money]]></category>
		<category><![CDATA[FCA]]></category>
		<category><![CDATA[GABRIEL]]></category>

		<guid isPermaLink="false">http://brokerbureau.com/blog/?p=869</guid>
		<description><![CDATA[Over the years we have seen a few areas where mistakes arise on a reasonably regular basis, so we thought some clarity would be useful .

The completion of the RMAR GABRIEL return is governed by the rules in SUP 16 Annex 18b (This can be downloaded as a pdf document – click on the link on this FCA web page as it is updated regularly. Please click here to access the FCA web page.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Demands and Needs Statement</title>
		<link>http://brokerbureau.com/blog/?p=876</link>
		<comments>http://brokerbureau.com/blog/?p=876#comments</comments>
		<pubDate>Fri, 19 Apr 2013 10:21:55 +0000</pubDate>
		<dc:creator>terence.clark</dc:creator>
				<category><![CDATA[Compliance]]></category>
		<category><![CDATA[Terence Clark]]></category>
		<category><![CDATA[commercial customers]]></category>
		<category><![CDATA[demands and needs]]></category>
		<category><![CDATA[FSA]]></category>
		<category><![CDATA[policyholder]]></category>
		<category><![CDATA[regulator]]></category>

		<guid isPermaLink="false">http://brokerbureau.com/blog/?p=876</guid>
		<description><![CDATA[This is something you are all very familiar with.

However, a question cropped up recently which I thought 
I would share with you.

Somebody I was talking to recently suggested that they 
did not think that they had to do a Demands &#038; Needs Statement for Commercial Customers. 
The thought was based on something they had heard from another Compliance Consultancy.]]></description>
		<wfw:commentRss>http://brokerbureau.com/blog/?feed=rss2&#038;p=876</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>FSA &amp; Premium Finance</title>
		<link>http://brokerbureau.com/blog/?p=890</link>
		<comments>http://brokerbureau.com/blog/?p=890#comments</comments>
		<pubDate>Fri, 19 Apr 2013 10:21:40 +0000</pubDate>
		<dc:creator>terence.clark</dc:creator>
				<category><![CDATA[Compliance]]></category>
		<category><![CDATA[Terence Clark]]></category>
		<category><![CDATA[APR]]></category>
		<category><![CDATA[broker]]></category>
		<category><![CDATA[consumer credit directive]]></category>
		<category><![CDATA[FSA]]></category>
		<category><![CDATA[premium finance]]></category>

		<guid isPermaLink="false">http://brokerbureau.com/blog/?p=890</guid>
		<description><![CDATA[The regulator has now concluded their thematic work on the use of premium finance arrangements by brokers and has published a fact sheet, which can be found at ]]></description>
		<wfw:commentRss>http://brokerbureau.com/blog/?feed=rss2&#038;p=890</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>From the Chairman &#8211; A few comings and goings</title>
		<link>http://brokerbureau.com/blog/?p=854</link>
		<comments>http://brokerbureau.com/blog/?p=854#comments</comments>
		<pubDate>Fri, 19 Apr 2013 10:21:30 +0000</pubDate>
		<dc:creator>robin.wood</dc:creator>
				<category><![CDATA[Robin Wood]]></category>
		<category><![CDATA[aviva]]></category>
		<category><![CDATA[BIBA]]></category>
		<category><![CDATA[brokers]]></category>
		<category><![CDATA[insurance]]></category>
		<category><![CDATA[profession]]></category>
		<category><![CDATA[Steve]]></category>
		<category><![CDATA[White]]></category>

		<guid isPermaLink="false">http://brokerbureau.com/blog/?p=854</guid>
		<description><![CDATA[A few comings and goings this month and two worthy of comment.

AVIVA

I see that Janice Deakin is joining Gallaghers from Aviva and congratulations to her on landing such an exciting opportunity.

With Phil Bayles taking over it seems to us that Aviva’s commitment to the quality insurance brokers is as high on their agenda as ever.

We have worked closely with Phil and his team for the last 3 years and don’t see any disruption to the current high level of support.]]></description>
		<wfw:commentRss>http://brokerbureau.com/blog/?feed=rss2&#038;p=854</wfw:commentRss>
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