The Hogan Lovells’ Corporate Insurance Newsletter for December has been published. This provides a round-up of UK, EU and international regulatory developments relevant to UK based insurance market participants. In this issue, amongst other items, we cover:
- The statements and announcements from the FCA,PRA and HM Treasury about preparations for the UK’s withdrawal from the EU and the PRA’s approach to authorisation and supervision of insurers.
- Publication of near-final rules for the implementation of the IDD in the UK and the proposal from the European Commission to delay the application of the IDD.
- The coming in to force of the new regulatory and supervisory framework for insurance-linked securities in the UK