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EU chief Brexit negotiator Michel Barnier has said that the UK's decision on whether to adopt business regulation similar to the EU's is a fundamental societal choice. 14 Nov 2017
A 10 year investigation by the UK's HM Revenue & Customs (HMRC) has led to the prosecution of a group of men involved in a fraudulent scheme to evade tax. 14 Nov 2017
This guide was updated in July 2017
The EU's Solvency II Directive came into force on 1 January 2016. The directive consolidates and harmonises existing EU insurance directives including life and non-life directives, the reinsurance directive and various others.
The Insurance Distribution Directive makes it easier for firms to trade cross-border, create a level playing field among all participants and strengthen policyholder protection.
The 2015 Insurance Act (2015 Act) applies to all commercial contracts of insurance, and variations to existing contracts of insurance, from 12 August 2016 and introduces what the UK government has described as “the biggest reform to insurance contract...
New rules will apply when insurers outsource "critical or important operation functions or activities" once the Solvency II regulatory regime comes into force on 1 January 2016. This short guide will provide a brief overview of the requirements, as well as...
Anti-competitive agreements are prohibited by European and domestic competition law. This means any anti-competitive provisions in commercial agreements are void and unenforceable which could lead to the entire agreement being unenforceable.
Large insurance brokers dealing in the wholesale market can expect to be "under serious scrutiny" from the regulator in the year ahead, an expert has said. 14 Nov 2017
The UK Financial Conduct Authority (FCA) has issued an alert to all principals with appointed representatives or introducer appointed representatives (appointed representatives). The alert highlights some risks there may be for principals in their relationships... 08 Nov 2017
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