BMR Compliance

Providing bespoke, hands on compliance and training solutions to the General Insurance Industry

We have recently updated the Social Media Policy. Full, updated version of Policies is available in the Manual section of the Members Area. Login is Required....

  Several trade press have ran the following article but we thought you should be made aware of this in case you haven’t already seen it. Fraudsters using 070 numbers have been targeting insurance brokers in order to con them out of money. The premium rate phone numbers...

  The FCA provided the following information;-   Connect is the new online system that will be used by Firms to submit applications and notifications to the FCA.  Connect will replace the majority of applications that are currently submitted on the Online Applications & Notifications (ONA) system. Connect introduces...

  The Financial Conduct Authority (FCA) has launched a consultation to review whether rules need to be amended/updated to clarify its supervision of financial promotions within social media.  This includes Twitter, LinkedIn and Facebook pages.  Firms have until 6th November to review and feedback any comments...

  Please click on this link for a summary of the FCA's recent review TR14/9. Please ensure your firm is acting within the scope of the FCA's findings.  If you have any questions, please refer to your usual BMR representative....

  The FCA recently advised us that ‘trading names’ or ‘trading styles’ used by regulated firms, or their AR’s, need to have permission given to them by the Sensitive Business Names department at the FCA, if they contain the following words;   Assurance Assurer Banc Bank Banking Friendly Society Fund Insurance Insurer Mutual Reassurance Reassurer Reinsurance Reinsurer Underwrite Underwriting   Please see the attached link...