Tag Archives: governance

EIOPA opinion on supervisory convergence in light of the UK withdrawing from the EU

The European Insurance and Occupational Pensions Authority (EIOPA) has published an opinion on supervisory convergence in light of the UK withdrawing from the EU.

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PRA consults on amendments to the Senior Insurance Managers Regime (SIMR)

The PRA has published a consultation paper (CP8/17), which includes proposed amendments and optimisations to the Senior Insurance Managers Regime (SIMR).  It also includes a proposal to strengthen governance through requiring insurers to take steps to encourage board diversity.  This CP … Continue reading

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PRA – strengthening individual accountability in banking and insurance (PS12/17)

On 12 May 2017, the PRA published PS12/17 “Strengthening individual accountability in banking and insurance: amendments and optimisations (and associated materials)”, which  provides feedback to responses to Consultation Paper 34/16.

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Key governance developments – “at a glance” guide for insurers

The governance landscape for insurers continues to develop following the introduction of the Senior Insurance Managers Regime last year and PRA Supervisory Statement SS5/16 on Board Responsibilities.  The Audit Directive, which applies to financial years beginning on or after 17 … Continue reading

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