UK: Corporate Insurance Newsletter - November 2017

PRA updates remuneration policy statement for PRA category 1 and 2 firm • PRA publishes CP24/17: Solvency II: internal models - modelling of the matching adjustment • PRA publishes CP23/17: Financial management and planning by insurers • Wholesale insurance brokers market study launched by the FCA • The FCA's future approach to consumers • PRA publishes CP22/17: Solvency II: Supervisory approval for the volatility adjustment • FCA publishes PS17/24: Handbook changes to reflect the new regulatory framework for insurance-linked securities - feedback to CP16/34 and CP17/3 and near-final rules

Filed under:
European Union, Global, OECD, United Kingdom, USA, Banking, Insolvency & Restructuring, Insurance, Hogan Lovells, Prudential Regulatory Authority (UK), Financial Conduct Authority (UK), European Banking Authority, European Insurance and Occupational Pensions Authority, Solvency II Directive (2009/138/EU)
Location:
European Union, Global, OECD, United Kingdom, USA
Firm:
Hogan Lovells
InSure - October 2017

October 2017

INSURE

InSure

This month's roundup of developments affecting the insurance industry sees ECON calling on the European Commission to postpone the application date of the IDD, EIOPA issuing final guidelines on complex insurance-based investment products under the IDD and the European Commission releasing a report on consumers' decision-making process in insurance services.

General Update

Filed under:
European Union, United Kingdom, Banking, Capital Markets, Insolvency & Restructuring, Insurance, IT & Data Protection, Public, Addleshaw Goddard LLP, Brexit, Financial Conduct Authority (UK), HM Treasury (UK), European Insurance and Occupational Pensions Authority, Solicitors Regulation Authority (UK), Financial Ombudsman Service
Location:
European Union, United Kingdom
Firm:
Addleshaw Goddard LLP
Daily financial services roundup including ECON votes to adopt draft report on proposed BRRD Insolvency Hierarchy Directive

BANKING

ECON votes to adopt draft report on proposed BRRD Insolvency Hierarchy Directive

Filed under:
European Union, United Kingdom, Banking, Capital Markets, Insolvency & Restructuring, Insurance, Addleshaw Goddard LLP, Financial regulation, Financial Stability Board, European Parliament, European Insurance and Occupational Pensions Authority, MiFID
Location:
European Union, United Kingdom
Firm:
Addleshaw Goddard LLP