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UK motorists will be not be obliged to obtain 'green card' documents from insurers to enable them to drive in the EU post-Brexit, according to an insurance trade body. 21 May 2018
The UK’s Financial Conduct Authority (FCA) has issued proposed new guidance outlining the factors which financial services companies should consider when drafting and reviewing variation terms in consumer contracts. 21 May 2018
Part VII of the 2000 Financial Services and Markets Act (FSMA) sets out the statutory mechanism allowing insurers and reinsurers to transfer portfolios of insurance business from one entity to another, subject to court approval.
The Senior Managers and Certification Regime (SMCR), which is designed to make individuals at financial firms more accountable, will apply to insurers from 10 December 2018.
On 1 April 2015, UK financial regulators the Financial Conduct Authority (FCA) and Payment Systems Regulator (PSR) gained new competition law powers, which they can exercise concurrently with the Competition and Markets Authority (CMA).
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.
Retailers are expected to protect anyone who enters their premises from harm, by removing or controlling risks to employees, volunteers, contractors or members of the public.
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...
The EU's largest insurers are to be assessed for the first time on their exposure to, and way in which they deal with, cyber risks, the European Insurance and Occupational Pensions Authority (EIOPA) has announced. 16 May 2018
Legislation which will create a single financial guidance body, transfer the regulation of claims management services to the Financial Conduct Authority (FCA) and introduce a ban on pensions-related cold calling has become law. 14 May 2018
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