Insurance

EIOPA issues Brexit advice – some good news for UK insurers and intermediaries?

The post below was first published on our Insurance blog Recommendations issued on Tuesday by EIOPA emphasise the importance of safeguarding policyholders in the event of a “no deal” Brexit.  Encouragement given to EEA states to help UK insurers meet their obligations … Continue reading

Leave a Comment

Filed under Insurance

The View from Paris: French “no-deal” Brexit planning – Act two: the future of UK financial services industry in France

Only fifteen days after activating the French Brexit Act (Act n°2019-30) authorising the French Government to set out ordinances relating to transitional measures due to a “no-deal” Brexit, the French Government published on 6 February an ordinance about financial services … Continue reading

Leave a Comment

Filed under Banking & asset management, Financial services, Insurance

The View from Paris: French Government “no-deal” Brexit planning for financial services industry

With Brexit day fast-approaching  and the draft Withdrawal Agreement defeated in the UK Parliament on 15 January 2019, the French Government has undertaken to enact measures in key areas in order to mitigate against the consequences of a “no deal” … Continue reading

Leave a Comment

Filed under Banking & asset management, Financial services, Insurance

EUROPEAN COMMISSION ANNOUNCES “NO DEAL” CONTINGENCY ACTION PLAN FOR FINANCIAL SERVICES

The European Commission has announced that it has started implementing its Brexit “no deal” Contingency Action Plan given the continuing uncertainty regarding ratification of the Withdrawal Agreement in the UK. This follows the Commission’s communication of 13 November 2018 which … Continue reading

Leave a Comment

Filed under Banking & asset management, Financial services, Insurance, UK-EU negotiations

Brexit Outline Political Declaration: Initial indicators for the financial services industry

Yesterday’s announcements on the terms agreed for the UK’s withdrawal from the EU say relatively little about the future framework for cross-border trade in goods or services. More detail is expected on this next week. The draft withdrawal agreement provides … Continue reading

Leave a Comment

Filed under Article 50, Banking & asset management, Financial services, Insurance, UK-EU negotiations

Brexit deal – what does it mean for insurers and insurance intermediaries?

The post below was first published on our Insurance blog Yesterday’s announcements on the terms agreed for the UK’s withdrawal from the EU say relatively little about the future framework for cross-border trade in goods or services.  More detail is expected on … Continue reading

Leave a Comment

Filed under Article 50, Insurance, UK-EU negotiations

Brexit – Deal on financial services may deliver little for insurance industry

The post below was first published on our Insurance blog Press reports over the past couple of days suggest that a deal struck by the UK government would “give UK financial services companies continued access to European markets after Brexit” and that … Continue reading

Leave a Comment

Filed under Financial services, Insurance

Brexit Continuity Clauses: what policyholders need to know

We have assisted Airmic to produce a guide for policyholders on Continuity Clauses, which some in the insurance market are using to prepare for the impact of Brexit. The clauses aim to provide a level of contract continuity in the event … Continue reading

Leave a Comment

Filed under Insurance

First batch of UK Government’s Brexit ‘no deal’ technical notices released

Today the UK Government released the first of an anticipated three batches of technical notices about the impact of a “no deal” scenario at the end of March 2019. These are available here. This first batch is of 25 and … Continue reading

Leave a Comment

Filed under "No Deal" UK papers, Banking & asset management, Employment, Energy, Financial services, Insurance, State aid, Trade, UK-EU negotiations

EIGHT MONTHS TO BREXIT: IS YOUR BUSINESS PREPARED?

As the clock ticks down to 29 March 2019, the UK and the EU are stepping up their preparations for the possibility of a “no-deal” outcome. From a corporate governance and risk management perspective, businesses that have not done so … Continue reading

Leave a Comment

Filed under ADR, Arbitration, Aviation, Banking & asset management, Capital markets, Competition, Construction, Consumer, Contract, Corporate, Data protection, Development, Disputes, Employment, Energy, Environment, Finance, Financial services, Infrastructure, Insolvency, Insurance, Intellectual property, Manufacturing, Mining, Pharma, Planning, Private wealth, Public international law, Real estate, Risk & due diligence, State aid, Tax, TMT, Trade, Transport, UK-EU negotiations