Following revisions to its third country branch policies as part of the Solvency UK reforms, on 16 September 2025, the PRA published CP20/25 proposing further reforms which seek to address identified inconsistencies, further streamline the policy framework, clarify expectations and enhance regulatory transparency. Responses close on 16 December 2025 and the majority of the proposals
FCA consults on proposals to simplify its insurance rules
On 14 May 2025, the Financial Conduct Authority (FCA) published a new consultation paper (CP25/12) setting out its proposals to simplify the sections of the FCA’s Handbook which apply to insurance firms.
The consultation paper comments on the feedback it received in relation to its previous discussion paper on the Regulation of Commercial