Dec 14, 2022 Will the Edinburgh Reforms make a difference? By Alexandra Green Michael Sholem Gavin Haran On 9 December, the Chancellor announced a package of over 30 reforms to the UK’s financial regulations, an attempt to achieve the biggest...
Nov 22, 2022 HM Treasury confirms investment-oriented Solvency II reform package By Alexander Cibulskis On 17 November, the Treasury published its response to its consultation on reform to the UK prudential regime for insurers, Solvency II....
Oct 20, 2022 EU reaches positive agreement on ELTIF reforms By Samuel Brooks Gavin Haran Tiffany Cox Negotiations have concluded between the European Council and the European Parliament on changes to the European Long Term Investment Fund...
Apr 28, 2022 Government consults on post-Brexit prudential regime for insurers By Alexander Cibulskis Today the government has released a new consultation paper on its proposal for significant reforms to Solvency II – the prudential...
Oct 26, 2021 FCA publishes Long Term Asset Fund final rules By Lora Froud Gavin Haran The FCA has published its final rules for the Long Term Asset Fund (LTAF). The LTAF is a new authorised fund vehicle that aims to make it...
Sep 28, 2021 Official Working Group encourages pension savers to invest in long term assets By Lora Froud Gavin Haran The Productive Finance Working Group has published its recommendations to UK policymakers to remove barriers to investment by retirement...
May 07, 2021 FCA consults on the LTAF By Lora Froud Gavin Haran Tiffany Cox The FCA has published its long awaited consultation on the creation of a Long Term Asset Fund (LTAF). The LTAF is an open-ended...
Mar 30, 2021 PRA publishes its final views on operational resilience, outsourcing and third party risk management By Kaniz Gatt Yesterday the Prudential Regulatory Authority (PRA) jointly issued a policy statement (PS) 6/21 with the Financial Conduct Authority and...
Jan 15, 2021 Supreme Court judgment concludes FCA business interruption test case - FCA reports that more policyholders will have valid claims By Alexander Cibulskis Today the Supreme Court handed down its judgment in the FCA's Business Interruption (BI) test case.The judgment substantially upholds the...
Dec 03, 2020 Court of Appeal overturns High Court’s refusal of Prudential’s annuity Part VII transfer to Rothesay By Alexander Cibulskis The Court of Appeal has overturned last year’s judgment preventing the proposed transfer of c.£12.9bn in annuity liabilities from The...
Sep 15, 2020 Judgment handed down in FCA Business Interruption test case: FCA reports that it largely favours policyholders By Alexander Cibulskis Update - read our longer article reflecting on the judgment and its implications hereThis morning the High Court handed down its judgment...
Aug 24, 2020 Fintech: what's really in a name? By Macfarlanes Well, as reported by Financial News's Ryan Weeks in the Fintech Files of 20 August, quite a bit.Why? If regulatory bodies around the...
Jul 30, 2020 High Court hearing of business interruption test case concludes By Alexander Cibulskis Today, the High Court hearing of the FCA’s business interruption insurance (BI) test case reached its conclusion. Over the course of an...
Jun 01, 2020 FCA delivers update on Covid-19 business interruption test case By Alexander Cibulskis The FCA has announced in a press release issued today an update on the progress of its court action on business interruption (BI)...
May 01, 2020 FCA seeks clarity from the court on business interruption insurance cover By Alexander Cibulskis Christopher Charlton The FCA has announced in a press release today that it intends to obtain a court declaration to resolve contractual uncertainty in...
Apr 22, 2020 Covid-19 audio clip: Insurance policies By Alexander Cibulskis In this audio clip Alex Cibulskis provides an overview of some of the considerations for companies reviewing whether their insurance...