Tag Archives: Regulatory Reform
Hong Kong Insurance Authority prepares for direct regulation of insurance intermediaries in mid-2019 – what is the progress so far?
It is anticipated that in around mid-2019, the Insurance Authority (IA) will take over the regulation of insurance intermediaries from the three self-regulatory organisations (SROs). In preparation for the commencement of the new regime, the IA has launched several public consultations … Continue reading
The extraordinary returns generated by cryptocurrencies have led to a frenzy of investment activity and interest from investors. Several new crypto hedge funds have emerged, and cryptocurrency is fast establishing itself as a mainstream asset class. However, numerous operational and … Continue reading
Welcome to the September 2016 edition of our corporate crime update – our round up of developments in relation to corruption, money laundering, fraud, sanctions and related matters. Our update now covers a number of jurisdictions. For the full update on each jurisdiction, please click … Continue reading
The European Banking Authority has published the final version of its updated guidelines on the CRDIV remuneration requirements.
Geoff Maddock, partner Email | Profile tel: +44 20 7466 2067 mobile: +44 7785 255016 By Geoff Maddock, corporate insurance partner Commission view on authorisation In July 2015 a Commission official expressed a controversial view on when third country insurance … Continue reading
Unit-linked insurance products have recently given rise to a number of regulatory issues. These cover: mis-selling; the responsibility of the insurer on the one hand and the intermediary on the other; the impact of Solvency II on the calculation of technical … Continue reading
The FCA and HM Treasury have published the first set of papers on the UK implementation of MiFID II: FCA discussion paper “Developing our approach to implementing MiFID II conduct of business and organisational requirements” (DP15/3); and HM Treasury consultation … Continue reading
After a long wait, on 19 January 2015, China’s Ministry of Commerce (MOFCOM) released the draft Foreign Investment Law for public comment. The draft Foreign Investment Law represents a significant step forward in China’s continuing reform and opening-up. When it … Continue reading
The European Securities and Markets Authority (ESMA) published the following MiFID II Level 2 materials on Friday, 19 December: ESMA’s final technical advice to the European Commission on delegated acts; and a Consultation Paper on draft technical standards The revised … Continue reading
On 10 December 2014 the FCA published the Davis Review in full together with the FCA’s formal response. It provides a detailed account and analysis of the events leading up to and immediately after the publication of The Telegraph story … Continue reading