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Supreme Court confirms extended warranties can be regulated insurance products
- Herbert Smith Freehills LLP
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- United Kingdom
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- February 18 2013
The Supreme Court has confirmed that extended warranties on consumer goods can be "contracts of insurance" falling under the regulation of the
With-profits mutuals FSA has "road to Damascus" experience
- Herbert Smith Freehills LLP
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- United Kingdom
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- January 4 2013
Mutual insurers facing an uncertain future as consumer demand for with-profits products fades will undoubtedly welcome proposals published by the FSA just
Solvency II: FSA's proposals for with-profits business
- Herbert Smith Freehills LLP
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- United Kingdom
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- August 22 2012
The FSA has published a second consultation paper (CP1213) on proposed changes to the FSA Handbook to give effect to Solvency II
European Commission proposes revision of Insurance Mediation Directive
- Herbert Smith Freehills LLP
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- European Union
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- July 16 2012
The European Commission has published a package of measures aiming to improve consumer protection in financial services
The insurance industry and EMIR: the race towards EU regulation of OTC derivatives, central counterparties and trade repositories is on
- Herbert Smith Freehills LLP
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- European Union
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- March 30 2012
The race towards a pan-European regulation of over-the-counter (OTC) derivatives, central counterparties and trade repositories is on, with the European Parliament set to meet on 29 March 2012 to vote on the final text of the European Market Infrastructure Regulation (EMIR
Solvency II - group supervision and equivalence
- Herbert Smith Freehills LLP
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- United Kingdom
- -
- December 12 2011
In October, the FSA acknowledged that it is working towards a 1 January 2014 start date for Solvency II
Court of Appeal decides extended warranties are regulated insurance products
- Herbert Smith Freehills LLP
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- United Kingdom
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- December 8 2011
There has been legal uncertainty about whether extended warranties on consumer goods might be regulated insurance products, falling under regulation of the Financial Services Authority ("FSA"
Solvency II delay what does it mean for firms?
- Herbert Smith Freehills LLP
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- United Kingdom
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- November 21 2011
The FSA's confirmation at the beginning of October that it is working towards a 1 January 2014 start date for Solvency II provided much-needed certainty for firms
FSA limits requirement for one month's notice of capital issues
- Herbert Smith Freehills LLP
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- United Kingdom
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- November 14 2011
New rules requiring insurers, banks and other BIPRU firms to tell the FSA about proposed issues of shares or other capital instruments demonstrate the importance of participating in FSA consultations
Developments in Part VII transfers
- Herbert Smith Freehills LLP
- -
- United Kingdom
- -
- October 6 2011
We are seeing an increasing number of Part VII transfers in the lead-up to Solvency II, making it important for practitioners in this area to track changes in practice and law carefully
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