Cert CII (IF1)- Session 9 (Regulation)

As insurance is part of the financial services industry, there are a lot of regulations that apply to the sale, administration and handling of insurance business. We will explore the key regulatory frameworks that apply to insurance policies, including the principles of insurance business and the consequences of noncompliance with regulations.

-Describe the key objectives of the PRA and FCA -Explain the FCA’s 12 principles of business -Recognise what is determined as good customer outcomes and fair treatment -Identify key regulations that apply to insurance business