Insurance Update - January 2018

The following topics are covered in this issue. To see the articles, please log on to our Knowledge Portal or contact your usual Linklaters’ contact.

• IAIS consults on activities-based approach to systemic risk
• Insurance Distribution Directive
• EIOPA opinion re consumer protection in unit-linked market
• EIOPA supervisory statement on SFCRs
• EIOPA opinion on post-Brexit service continuity
• Bank of England approach to branch authorisation and supervision: consultation CP30/17 and “Dear CEO” letter
• The future of LIBOR
• New UK ILS regime becomes effective
• UK PRA consultations on model change process and reporting requirements
• UK – FCA and PRA consult on transitioning firms and individuals to the SMCR
• India issues guidelines for investments by private equity funds in Indian insurance companies
• Recent deals