On 17 June 2015, the European Union (Insurance Undertakings: Financial Statements) Regulations 2015 were signed into law. They came into force on the same date, revoking the European Communities (Insurance Undertakings: Accounts) Regulations 1996.  The 2015 Regulations apply the provisions of Part 6 of the Companies Act 2014 to insurers (with some exceptions and modifications). Detailed rules and format for insurers' financial statements are set out in the Schedule to the Regulations.