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Corporate insurance newsletter - February 2015

  • Hogan Lovells
  • -
  • United Kingdom
  • -
  • March 3 2015

TheOn 30 January 2015, the FCA announced that it is planning to gather evidence on current trends incomplaints on payment protection insurance (PPI

FCA publishes Memorandum of Understanding between the FCA and ICO

  • Reed Smith LLP
  • -
  • United Kingdom
  • -
  • March 3 2015

On 28 January 2015, the Financial Conduct Authority (FCA) published the Memorandum of Understanding (MoU) which it entered into with the Information

Financial Regulatory Developments 27 February - Financial Ombudsman Service (FOS)

  • Dentons
  • -
  • United Kingdom
  • -
  • February 27 2015

FOS has released the complaints data on individual financial businesses covering the six-month period from 1 July to 31 December 2014. The published

Senior insurance managers regime proposals for NEDs

  • RPC
  • -
  • United Kingdom
  • -
  • February 27 2015

Last year, we reported on proposals for a new senior insurance managers' regime ('Senior insurance managers - all change!'). At the time, the PRA and

FCA a new strategic approach

  • Hogan Lovells
  • -
  • United Kingdom
  • -
  • February 26 2015

Following a review of its strategy, priorities and ways of working, which was completed in late 2014, the FCA released a paper detailing the way in

Senior managers regime and employment law implications where are we now?

  • Mayer Brown LLP
  • -
  • United Kingdom
  • -
  • February 25 2015

With the consultation on transitional arrangements for the introduction of the senior managers and certification regimes due to close on 27 February

UK regulators consult on proposed whistleblowing procedures in banking and insurance sectors

  • Shearman & Sterling LLP
  • -
  • United Kingdom
  • -
  • February 24 2015

On February 23, 2014, the PRA and FCA jointly proposed measures seeking to formalize procedures for whistleblowing in the banking and insurance

This week at the UK regulators - 23 February 2015

  • Clifford Chance LLP
  • -
  • United Kingdom
  • -
  • February 23 2015

The most important development this week has been the release of a consultation paper bringing greater clarity to several important aspects of the

Financial Regulatory Developments 20 February - Prudential Regulation Authority (PRA)

  • Dentons
  • -
  • United Kingdom
  • -
  • February 20 2015

PRA has written to directors of insurance companies updating them on progress towards Solvency 2 implementation. Its update covers: the effects of

Non-bank lending: focus on the UK market

  • Norton Rose Fulbright LLP
  • -
  • United Kingdom
  • -
  • February 18 2015

Globally, there is increasing activity in the non-bank lending market (particularly in the form of private placements). The market for non-bank