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ABI guidance on directors' power to allot shares

Shepherd & Wedderburn LLP
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United Kingdom
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January 29 2009

The Association of British Insurers (ABI) has responded to the November 2008 report of the Rights Issue Review Group (RIRG) by publishing new guidance on directors' power to allot share capital and disapply shareholders' pre-emption rights

ABI publishes guidance on articles of association

Shepherd & Wedderburn LLP
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United Kingdom
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January 29 2009

On 23 December 2008, the Association of British Insurers (ABI) published a short paper outlining its views on current best practice in relation to articles of association and related matters

ABI and NAPF publish updated joint statement on executive contracts and severance

Shepherd & Wedderburn LLP
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United Kingdom
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March 28 2008

The Association of British Insurers (ABI) and the National Association of Pension Funds (NAPF) have issued an updated joint statement of best practice on directors service contracts and severance policies

New regulations for online travel insurance

Shepherd & Wedderburn LLP
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United Kingdom
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January 14 2009

New rules have come into force that will impact on businesses who offer or arrange travel insurance to consumers online

FSA publishes code on remuneration practices in financial services

Shepherd & Wedderburn LLP
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United Kingdom
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October 12 2009

In August 2009, the FSA published its new Remuneration Code of Practice

A matter of principle?

Shepherd & Wedderburn LLP
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United Kingdom
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November 7 2007

The process by which fashions change in the regulatory world, as in life, is an interesting one

FSA report on data security in financial services urges firms to change attitude to data security

Shepherd & Wedderburn LLP
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United Kingdom
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June 11 2008

On the back of a number of recent high profile news stories in both the public and private sectors about data security, the FSA issued a report on 24 April urging regulated firms to change their attitude to data security and to do more to help prevent their customers falling victim to financial crime

Local government powers and procurement: RMP v Brent

Shepherd & Wedderburn LLP
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United Kingdom
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June 2 2008

On 16 May 2008, the High Court in London delivered the second part of a double legal blow to the London Borough of Brent (Brent) in relation to its attempts to establish an 'in house' mutual insurance company and to purchase insurance from it

ABI writes to company chairmen regarding cashbox placings

Shepherd & Wedderburn LLP
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United Kingdom
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March 31 2009

The Association of British Insurers has, in a letter to the chairmen of listed companies, expressed concern over the use of cashbox structures to raise equity funding on a non pre-emptive basis