Consultation Responses

Consultation 2020

AFM responses to a range of consultations from regulators and other policymakers.  We concentrate on proposals that are likely to have a material affect on our members or on the mutual business model.

• AFM response to FCA on The Consumer Investments Market
• AFM response to HMT on financial promotions consultation
• AFM response to FCA on guidance for customers in financial difficulty
• AFM response to FCA GC20-3, vulnerable customers
• Response to DCMS/ HMT on expanding dormant assets scheme
• Response to FCA CP20/6, regulated fees
• Response to FCA guidance consultation on payment deferment
• Response to FCA guidance consultation on product value
• Response to FCA on Open Finance
• Response to PRA on insurance data release
• Response to FOS on 20-21 plan and budget
• Response to HMRC on 5MLD and TRS

Consultation 2019

• AFM response to FCA on GI pricing practices
• Response to DCMS on the future definition of public service mutuals
• Response to FCA on the fair treatment of vulnerable customers
• Response to FOS on its future funding proposals
• Response to HMRC on maturing Child Trust Funds
• AFM response to HMRC on the operation of IPT
• AFM response to FCA CP on IGCs
• Response to FCA on framework for effective stewardship
• Response to FCA on general insurance value measures reporting
• Response to FCA on proposals to improve shareholder engagement
• Response to DHSC on appropriate clinical negligence cover
• Response to CMA on Statutory Audit Market Study

Consultation 2018

• Response to PRA on managing the financial risks of climate change
• Response to FCA on fees and levies for 2019/20
• Response to PRA on fees and levies for 2019/20
• Response to FCA on increased limits for FOS
• Response to FCA on a duty of care
• Response to FRC on corporate governance code for private companies
• Response to FCA documents on approach to supervision and enforcement
• Response to PRA CP8/18 on audit of the SFCR
• Response to PRA CP2/18 on regulatory reporting
• Response to FCA paper on its approach to competition
• Response to FRC on revisions to the UK corporate governance code
• Response to FCA paper ‘Our future approach to consumers’
• AFM response to consultation on FSCS funding
  

Consultation 2017

• AFM response to FCA CP17/33, Implementing the IDD (3)
• AFM response to FCA occassional paper on the Ageing Population and Financial Services
• AFM response to PRA CP14/17, extension of SM&CR to insurers
• AFM response to FCA CP17/25, extending SM&CR to insurers
• AFM response to PRA CP16/17, regulatory fees and levies
• AFM response to FCA CP17/23, IDD implementation (2)
• AFM response to FCA CP17/32, Quarterly consultation
• AFM response to FCA consultation on asset management remedies
• AFM response to PRA consultation on optimisations to SIMR, CP8/17
• AFM response to EIOPA on advice to the European Commission on the Solvency 2 Directive
• AFM response to FCA on IDD implementation 1
• AFM response to EIOPA consultation 17-001, on Insurance-Based Investment Products under IDD
• AFM response to FCA consultation on FSCS funding
• AFM response to government Green Paper on Improving Lives
• AFM rersponse to BEIS green paper on Corporate Governance
• AFM response to FCA Mission

Consultation 2016

AFM has made the following consultation responses this year:

• AFM response to FRC on changes to PN20
• AFM response to Treasury Select Committee on inquiry into EU insurance regulation
• AFM response to FCA on Mutual Deferred Shares
• AFM response to Treasury on Mutual Deferred Shares (September 2016)
• AFM response to FCA on changes to disclosure resulting from PRIIPs
• AFM response to PRA on external audit of Solvency 2 public reporting (July 2016)
• AFM response to IAIS on the Regulation and Supervision of Mutuals
• AFM response to HMRC on part surrenders and part assignments of life insurance policies
• AFM response to PRA on CP18/16, reporting requirements for non-directives
• AFM response to call for evidence from the Commission on Dormant Accounts
• AFM response to PRA on CP13/16, Solvency 2: remuneration requirements
• AFM response to FCA on TR16/2, fair treatment of longstanding customers
• AFM response to PRA on CP10/16, PRA fees and levies
• AFM response to FCA on increasing transparency and engagement on renewal of general insurance
• AFM response to PRA on external audit of public disclosures under Solvency 2
• AFM response to HMRC on large businesses transparency strategy