BANKING

European Commission adopts Delegated Regulation on waiver of own funds requirements for certain covered bonds under CRR

The European Commission has adopted a Delegated Regulation amending the Capital Requirements Regulation (Regulation 575/2013) (CRR) as regards the waiver on own funds requirements for certain covered bonds.

European Commission, 21 August 2017

 

INSURANCE   MoJ guidance on Plevin and claims management companies

The Ministry of Justice (MoJ) has published guidance for authorised claims management companies (CMCs) to help them understand the rules and expectations in handling cases relating to Plevin v Paragon Personal Finance Ltd [2014] UKSC 61.

Ministry of Justice, 21 August 2017