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Regulation

Set Alert for Insurance Day Regulars :: Regulation

Fragmentation of global regulatory landscape worries insurers

Changes to regulation and governance caused by ‘deglobalisation’ the top concern for global insurers as companies grapple with multiple regulatory regimes

International Regulation

Adaptability will be key to IFRS 17 transition

With six months to go until the implementation deadline for IFRS 17, there is still uncertainty about the new regime’s requirements and how they should be implemented, with some areas open to interpretation

Regulation Viewpoint

Firms reported just 662 employees for breaking conduct rules last year

Low levels of reporting ‘raises questions’ about whether firms are properly recording and disclosing incidents, consultancy warns

London Regulation

London market raises doubts over regulators’ accountability under financial services reform bill

The insurance sector has widely welcomed the Financial Services and Markets Bill’s new growth and competitiveness objectives, but it worries regulators will be able to ’set and mark their own homework’

London Regulation

Government publishes Financial Services and Markets Bill to ‘revoke retained EU law’

But industry insiders say ‘broad financial equivalence’ with the EU is needed to avoid duplicating reporting requirements

United Kingdom Solvency II

Robust financial crime controls are an essential part of ESG risk management

Financial crime breaches and serious systems and controls failures pose considerable risks to an entity’s ESG credentials, reputation and, ultimately, profitability

United Kingdom Regulation
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