Brexit – PRA issues guidance to insurers with legacy business

This post was first published on our Insurance Notes blog. The PRA has published guidance for UK insurers on their ability to service EEA liabilities once the Brexit transition period (called the “implementation period” in UK legislation) comes to an end on 31 December 2020. In our view, the guidance is consistent with the view that “expat … Read more

HSF contributes to “Brexit & Financial Regulation” by OUP

The Oxford University Press has just published “Brexit and Financial Regulation”, with contributions from a range of leading City practitioners, including Clive Cunningham, Alison Matthews and Katherine Dillon from the HSF Financial Services Regulatory and Insurance teams. Read more

New Brexit Legal Guide section available: Insurance

The updated Insurance section of our Brexit Legal Guide is now available. This provides a useful overview, amongst other things, of whether the end of the transition period: requires incoming EEA (re)insurers and (re)insurance intermediaries to apply for, and obtain, full authorisation for their UK operations; will impact UK firms wishing to conduct activities in other jurisdictions without the … Read more