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Insurance review Winter 20122013

Clifford Chance LLP
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China, European Union, France, Germany, Hong Kong, Italy, Spain, United Kingdom, USA
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April 17 2013

On 20 February 2013 it was announced that the European Parliament will now not consider Omnibus II until its 21-24 October 2013 plenary session, four

Co(re)insurance and antitrust compliance: choppy waters ahead?

Clifford Chance LLP
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European Union
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March 4 2013

On 8 February 2013, DG Competition of the European Commission (Commission) published a long awaited study commissioned to Ernst & Young on

EU political update 4 - 8 February 2013

Clifford Chance LLP
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European Union
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February 4 2013

On 30 January, the European Commission, pursuant to the European Union Merger Regulation, prohibited the proposed acquisition of TNT Express by UPS

FSA update - 24 September 2012

Clifford Chance LLP
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European Union, United Kingdom
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September 24 2012

The FSA has (on 18 September) imposed a financial penalty of £58,300 on Pi Financial Limited for breaches of Principles 3 (management and control) and 9 (customers: relationships of trust) of its Principles for Businesses

Risk governance in the insurance sector - the role of the CRO and the board

Clifford Chance LLP
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European Union
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September 23 2011

The European Commission views corporate governance as a crucial tool for the prevention of future crises

International regulatory update 8-12 August 2011

Clifford Chance LLP
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European Union, France, Netherlands, South Korea, Spain, United Kingdom
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August 15 2011

ESMA has issued a statement with a view to promoting harmonised regulatory action on short selling in the EU

Solvency II - what insurance companies need to know about the new regulatory regime

Clifford Chance LLP
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European Union, United Kingdom
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July 19 2011

On the publication of the draft Solvency II Directive in 2006, the European Commission described the new regime as “a world leading standard that requires insurers to focus on managing the risks they run to enable them to operate more efficiently”

EU political update 11 - 15 July 2011

Clifford Chance LLP
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European Union
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July 11 2011

On 6 July 2011, the Commission presented a proposal aiming to provide a longterm solution to the cost associated with using mobile devices while travelling throughout the EU

International regulatory update 4-8 July 2011

Clifford Chance LLP
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European Union, Global
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July 11 2011

The European Parliament has delayed its first reading votes to allow more time to reach agreement with the Council on the Commission's proposals for: (1) a regulation on OTC derivatives, central clearing parties (CCPs) and trade repositories; and (2) a regulation on short selling and certain aspects of credit default swaps (CDS