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Results:1-10 of 24

The House and Senate introduce bills deferring tax deductions for foreign reinsurers
  • Locke Lord LLP
  • USA
  • October 18 2011

Earlier this month, the U.S. House and U.S. Senate introduced legislation that would defer tax deductions for insurers that cede large portions of their U.S. premiums to offshore affiliates.


KPMG poll highlights shortcomings in anti-corruption programs
  • Locke Lord LLP
  • United Kingdom
  • July 6 2011

Having loomed large over the horizon since April 2010, the UK Bribery Act finally came into effect on 1 July 2011.


Government proposes to establish independent insurance authority
  • Locke Lord LLP
  • Hong Kong
  • July 28 2010

On 12 July 2010 the Secretary for Financial Services and the Treasury, Professor K C Chan, released a consultation paper entitled "Proposed Establishment of an Independent Insurance Authority".


Solvency II delayed
  • Locke Lord LLP
  • European Union
  • May 10 2010

Solvency II will be delayed until 31 December 2012, the EU has confirmed.


Banking in the antitrust crosshairs - the EU situation
  • Locke Lord LLP
  • United Kingdom, European Union
  • April 16 2010

The financial crisis and the resulting recession have led to increased consolidation in the banking sector across the world, as failing banks have been acquired by stronger institutions or the state itself.


Confederation of British Industry and PricewaterhouseCoopers publish report on the future of the financial services industry
  • Locke Lord LLP
  • United Kingdom
  • January 28 2010

On the 20th anniversary of the Confederation of British Industry and PricewaterhouseCoopers Financial Services Survey, twenty leading figures from across the financial services industry have given their views in a report entitled "2020 Vision - The Future of Financial Services" (the Report).


The Financial Services Authority publishes independent review of financial promotions compliance
  • Locke Lord LLP
  • United Kingdom
  • January 26 2010

The Financial Services Authority (FSA) has recently published the results of an independent review of firms' compliance with its financial promotions requirements (the Review).


Foreign reinsurers receive greater access to Brazilian market
  • Locke Lord LLP
  • Brazil
  • January 15 2010

As of Sunday January 17, 2010, foreign reinsurers will be permitted access to a larger portion of the Brazilian reinsurance market as local reinsurers' right of first refusal will be reduced from 60 of risks in the market to only 40.


U.S. Patent Office to accelerate examination of green technology patent applications
  • Locke Lord LLP
  • USA
  • December 21 2009

On December 7, 2009, the U.S. Patent and Trademark Office ("USPTO") introduced a new pilot program for the purpose of accelerating the development and deployment of "green" technology, creating "green" jobs, and promoting U.S. competitiveness in this vital sector.


Report from the NAIC Fall meeting - Vice President Biden addresses state insurance commissioners on healthcare reform
  • Locke Lord LLP
  • USA
  • September 23 2009

Vice President Joseph Biden spoke yesterday at the NAIC Fall meeting taking place near Washington DC, and he used the opportunity to seek the support of state insurance commissioners for the Government's proposals for national healthcare reform.